General Accounting - Inventory

Inventory Procedures

General Accounting uses e-Print to store and distribute the Fixed Assets Property Report, which allows you to view and print your organization’s report from the web. A link for instructions on how to retrieve your report is in the menu on the left. It is a good idea to print a copy to use while conducting the inventory of equipment assigned to your organization. To conduct the physical inventory, scan each item on your inventory report and verify the information provided, including location, serial number, and custodian.

If discrepancies are noted, or if you need to make any changes to your assigned inventory (asset descriptions, incorrect or missing serial numbers, etc.), you should mark these directly on the Fixed Assets Property Report. You should also add a custodian name to each inventory item to indicate who the responsible person is for that equipment.

Please be as thorough as possible when conducting your organization’s inventory so the Banner system accurately reflects your information. If you have any problems or questions, you may contact Emily Gentle at 501.569.8630 or ergentle@ualr.edu.