Process New Acquisitions
Obtain Access to FABweb Classify Equipment and Property Determine the Value of Equipment or Property Enter Account Codes when Purchasing Equipment Process a New Acquisition in FABweb Affix Property Labels Identify Donated, Found, and Other Non-Cash Addition Equipment Add Donated, Found, and Other Non-Cash Addition Equipment to FABweb Determine Capitalization Thresholds Report New Software over $100,000
Real Property Leases
Enter into Leases or Licenses for Real Property
Maintain Equipment Records
Complete a Biennial Inventory Serve as Unit Property Accounting Contact Comply with Unit Head Property Custodial Responsibilities Maintain Entity Codes for Self-Supporting Activities Update an Existing Asset in FABweb Keep Property Secure Assess an Employee for Missing or Damaged Equipment
Transfers and Loans
Transfer Equipment to Another Unit Process an “Internal Sale” of Equipment to Another Unit Loan Equipment to Another Unit Transfer Sponsored Equipment to Another University Transfer Non-Sponsored Equipment to Another University Loan Equipment to Another Institution Loan Equipment to Faculty, Staff, or Student Employees
Disposals
Remove Stolen Equipment from Inventory Remove Destroyed Equipment from Inventory Dispose of Unneeded Equipment Dispose of Firearms Remove Data from Electronic Devices Process Unlocatable Equipment
Moved to this section, but not yet redesigned:
Section 5.9 Operation of Residences