Cost Accounting Services
During the April-June time frame of each fiscal year, departments are requested to conduct an inventory of University movable equipment. The scope of the inventory is to record the location, assess the condition, usefulness and report other pertinent information. The movable equipment inventory is part of the space and equipment inventory process.
The space and equipment inventory results are entered into the University FAMIS self-service system which records the University official space information. Movable equipment located within the University's space is entered by department personnel in the appropriate building and room.
- Personnel assigned by departments to conduct the inventory are required to receive FAMIS space inventory training from Campus Planning Services (Michael.A.Richards@uvm.edu) before obtaining access to the FAMIS self-service system.
- A drop down list of the current active movable equipment is available for inventory personnel to place an equipment item in a room.
- A comment field is available to communicate important
information regarding the equipment item. For instance, the
equipment was disposed of since the last inventory was conducted
or whether the equipment item is available for other departments
- Movable equipment location changes are recorded into the Asset Management database via a nightly feed from the FAMIS system to Peoplesoft AM database
The departments are responsible for verifying that all items have been inventoried and a certification form is submitted. Cost Accounting Services validates that the submitted inventory results are complete.
For additional information regarding the movable equipment inventory process, refer to the comprehensive space and equipment inventory web site or contact Laurie.Desso@uvm.edu
Last modified February 06 2012 08:26 AM