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University of Washington Capital Projects Accounting Box 352205 Seattle, WA 981952205 Phone: (206) 5435200 Fax: (206) 5431277 FUNDS TRANSFER AUTHORIZATION DATE: TRACKER NO.: PROJECT NO.: PROJECT NAME:
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Capital projects accounting is the process of recording and tracking financial transactions related to long-term investments in assets such as infrastructure, buildings, equipment, and other capital projects.
Entities that undertake capital projects, such as government agencies, non-profit organizations, and businesses, are required to file capital projects accounting.
Capital projects accounting is typically filled out using specialized accounting software that allows for tracking and reporting on all financial transactions related to capital projects.
The purpose of capital projects accounting is to accurately track the costs and expenditures related to capital investments in order to ensure proper financial management and reporting.
Information reported on capital projects accounting typically includes project costs, funding sources, depreciation, and any other financial data related to the capital project.
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