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UCSF Physical Inventory
Links
- 2007-09 Physical Inventory Schedule: By Custodian
- 2007-09 Physical Inventory Schedule: By Department
- 2007-09 Physical Inventory Schedule: By Month
- Physical Inventory 2007-2009 Town Hall Powerpoint Presentation (May 2007)
Overview of Project
Background
- UCSF required to conduct physical inventory every two years.
- PeopleSoft Asset Management was implemented on August 23, 2004.
- Inventorial Asset threshold change from $1,500 to $5,000 effective July 1, 2004.
- Items <$5,000 are currently in inventory, if not completely depreciated by UCOP schedule.
- These items will be dropped from inventory as they are fully depreciated.
- Significance: Fewer, higher priced items remain.
Schedule
- Midway through the Physical Inventory March 2006.
- Field work cut-off 10/31/06.
- Full inventory anticipated completion December 2006.
- Inventory records & financial reporting adjustments target before 12/31/06.
Scope
- Throughout UCSF Campus.
- All locations where inventorial assets >$5,000.
Additional References
OMB Circular A-21, Cost Principles for Educational Institutions (05/10/2004)
OMB Circular A-110, Uniform Administrative Requirements for Grants and Other Agreements with Institutions of Higher Education, Hospitals and Other Non-Profit Organizations (11/19/1993) (further amended 09/30/1999)
OMB Circular A-122, Cost Principles for Non-Profit Organizations (05/10/2004)
UCOP BUS - 29 - Management and Control of University Equipment
This page last updated on: Wednesday September 05 2007