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US · guidance

BOP Program Statement 8563.07 § 2

SUMMARY OF CHANGES. The more significant revisions to this

activein force · 2001-06-13 – presentact-effective-date

directive are:

! Procedures have been modified to reflect FPI’s

implementation of Millennium, its Enterprise Resource

Planning (ERP) system;

! Procedures have been added for recording and classifying a

fixed asset acquired through a capital lease;

! Criteria for capitalizing internal use software has been

added;

PS 8563.07

6/13/2001

Page 2

! Field locations are now required to maintain a location

identifier on the Master Asset record for Machinery within

the Plant;

! Machinery repairs and rehabilitation costs are now

capitalized by charging the costs directly to the asset;

! Machinery and Equipment transfers between factories and

within a factory have been modified.

History

PS 8563.07 dated 2001-06-13

Provenance

Source
bop.gov
Retrieved
2026-09-20
Edition
bop-ps-2026-09-20
Content hash
23f3aaed9e80d2421e4ffa66795463ebb333996e37bec9d4f9cddb43a06ee73a
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