Property Accounting

Property may be acquired by lease rather than purchase. The financial, accounting, inventory and tax issues of leases should be seriously considered prior to entering into a lease. For additional information about these issues, please see Section 4.E, Lease vs. Purchase Decision Making of the Rice University Purchasing & Payment Policy (available here: Purchasing & Payment Policy).

Property acquired by entering into a “Capital Lease” will be subject to the same control and reporting requirements as property that is purchased.

The Controller's Office is located in the Cambridge Office Building, also known as COB, at the intersection of S. Main street and Cambridge street.

In this building you will find the the following Departments:

The Cashier's Office is a division of the Controllers Office, however, it is located in the Allen Center, directly behind the Cambridge Office building.

Our Location:

Cambridge Office Building
6100 Main Street MS 70
Houston, Texas 77005-1827