Answer

The capitalized value of the computer should include those components needed to make the computer functional (e.g. the monitor, CPU, keyboard, mouse, etc.). Technically, software should not be included in the capitalized value, however the value is not material enough to justify separating the value of the software from the value of the computer. If your agency chooses to do so, you may separate the cost of software or other components not needed for the computer to function from the cost of the computer, but you are not required to. You should remain consistent with whatever method you choose.

2) If I surplus a computer but keep the monitor (or other component), what value do I surplus?

Answer

Technically, you should separate out the value of the monitor (or other component) and surplus the remainder. The monitor (or other component) should then be recorded at it's proper value. However, since the most computer components are less the $750 individually it is generally not worth the effort to do this. Our policy is that if the monitor (or other component) is less than $750 you may simply surplus the computer at it's full capitalized value. You can then bring the monitor (or other component) on to your records if you want for tracking or insurance purposes, the value you use doesn't matter as long as it is less than $750. If the component is more than $750 by itself then you must separate the value and record the component at it's proper value.