Docstoc

Intranet

Document Sample
Intranet Powered By Docstoc
					Inventory Procedures

 Inventory coordination is an ongoing
 process.
 Inventory monitors are responsible for
 utilizing the Relocation of Asset form to
 document any changes in inventory to the
 Inventory Coordinator.
 Physical inventory is taken annually & spot-
 checked on a continuing basis.
 The Inventory Coordinator manages &
 updates the master list on a continuing
 basis.
 The master list is reconciled to the general
 ledger every year.
Inventory Monitors Responsibility
 Complete a physical inventory
 each year.
 Document all inventory
 changes with the Asset
 Relocation form.
 Notify Plant Ops. and the
 Inventory Coordinator for any
 changes in inventory.
 Notify Security and the
 Inventory Coordinator of any
 theft of any assets.
 Notify Inventory Coordinator for
 damaged inventoried items.
Adding Items to Inventory
 Items purchased over $5,000
 are considered capital
 inventory.
 The Inventory Coordinator
 reviews the purchase of any
 new assets and records them
 accordingly.
 Tags will be provided and
 documented for new capital
 items.
Sale or Disposal Assets
 All sales or disposal of inventory
 must be approved by the Inventory
 Coordinator prior to any action
 taken place.
 A Relocation or Theft of an Asset
 form must document the action.
 It’s illegal to throw computers away.
 Grant Agencies must be notified
 when Assets purchased through
 Grants are disposed of.
 Reference College Procedure
 70.02.02.
Relocation or Theft of an Asset
Form
 The form must be used to
 document any changes in
 inventory.
 Items moved to excess
 storage will be documented
 in a separate database.
 All disposals of inventory
 require prior approval from
 the Inventory Coordinator.
 Theft of inventory must be
 report to Security
 immediately.

				
DOCUMENT INFO
Shared By:
Categories:
Tags:
Stats:
views:1
posted:9/25/2012
language:English
pages:5