Home Table of Contents

006.27.3-R1:25-34-107. Marketing and Redistribution Surplus Computer Sales Procedures.

AR ADC 006.27.3-R1:25-34-107Arkansas Administrative Code

West's Arkansas Administrative Code
Title 006. Department of Finance and Administration
Division 27. Office of State Procurement (Refs & Annos)
Rule 3. Procurement Rules
Ark. Admin. Code 006.27.3-R1:25-34-107
006.27.3-R1:25-34-107. Marketing and Redistribution Surplus Computer Sales Procedures.
Currentness
(a) Sales Made Within the Agency. The agency will:
(1) Create a customer receipt for the sales price and calculate sales tax. Included on the receipt will be the type of equipment, model number, serial number and property tag number, who the equipment was sold to and the amount.
(2) Record the receipt in the cash journal as a customer payment.
(3) Request a funds transfer through DFA-Office of Accounting from the receipting agency's fund to:
(A) Marketing and Redistribution's Cost Center 383333, Fund MPH0000 -- 15% of the sales price.
(B) Arkansas Department of Environmental Quality's Cost Center 451346, Fund MER0100 -- 25% of the sales price.
(4) The sales tax will be paid when DFA-Office of Accounting does their (owning agency's) monthly billing for Sales & Use tax.
(b) Sales Made Through Marketing and Redistribution on Behalf of the Agency. Marketing and Redistribution will:
(1) Create a customer receipt to record the sales price and sales tax;
(2) Record the receipt as a customer payment in the cash journal; and
(3) Request funds transfer through DFA -- Office of Accounting from Marketing and Redistribution fund MPH0000 to Agency fund and cost center -- 50% of the sales price Arkansas Department of Environmental Quality Cost Center 451346, Fund MER0100 -- 25% of the sales price.
(4) The sales tax due will be included in the DFA monthly report of Sales & Use tax.

Credits

Adopted Jan. 1, 1999.
Current with amendments received through February 15, 2024. Some sections may be more current, see credit for details.
Ark. Admin. Code 006.27.3-R1:25-34-107, AR ADC 006.27.3-R1:25-34-107
End of Document