ANNUAL INVENTORY

At fiscal year end, an annual inventory list is generated and distributed to departments for reconciliation.  This list is required by state and federal mandates and enables the university to maintain accurate records.  The Controller's office should be notified by memo or e-mail whenever equipment is transferred to another department or when equipment is moved within a department.  To assist in keeping records up to date, on-line access and updating capabilities are now available to departments.  This enables departments to make name and location changes at any time.  This results in a more accurate and less time-consuming annual inventory listing.  For more information or to request on-line updating capabilities, please contact the Controller's office at 294-5550.