| Activity: | Physical Inventory |
| Policy: | Capital Movable Asset Physical Inventories, Tagging and Location Changes, FIN-ACC-170 CSOP, 4.0 Physical Inventories |
| Forms: | See CSOP 4.0 |
| Things To Know: | Indiana University policy requires all organizations with capital equipment to conduct a physical inventory once every two years. A physical inventory is the process of physically verifying that capital equipment exists and providing proof of that existence by scanning a yellow Indiana University barcode tag affixed to the equipment. Capital Movable Asset Physical Inventories, Tagging and Location Changes, FIN-ACC-170 is the main IU policy that requires departments to execute the physical inventory task for movable-class equipment and the importance to secure University assets while complying with federal guidelines. CSOP 4.0 Physical Inventories contains a more thorough explanation of the actual inventory process. Use the Contact Us page for questions. |
