Q1-8 How should batch procurement of assets where the unit price of the tender winner is less than $10,000 be recorded?
1. Assets from batch procurements where the unit price is less than $10,000 do not need to be entered into the accounts.
2. If open tendering led to the unit price being lower than $10,000 then enter as an item on the accounts.
※※※From January 1, 2002, onwards, batch procurements where the unit price is less than $10,000 do not need to be recorded as an asset. (Tai-90-Chu-Hui-2 Letter No. 09294, Directorate-General of Budget, Accounting and Statistics, Executive Yuan)
