All departments are required to perform a complete inventory of their capital equipment once per year. This process is an important control activity designed to safeguard the assets of the University.

You should take a physical inventory of all goods in your manufacturing business once a year. This will tell you if you are utilizing materials and finished products in a timely manner. It will also ...

One important aspect of ensuring that your small business runs smoothly is to periodically compare written inventory records against the actual physical stock on the shelves and in the warehouse. If ...

Each department with an inventory is required to take a physical count at least once a year to ensure an accurate asset value is reported on the balance sheet and that cost of goods sold is recorded ...

6 Tips for Tackling Physical Inventory Counts presents great data on the current state of inventory management, painting a scary picture of inventory management neglect, and makes the case for the ...

A notification has been sent to custodians and financial managers of fixed assets purchased on research awards to make them aware that the federal regulation, 45 CFR Part 75.320 (d), requires that a ...

For those of you who still shut down your facility once or twice a year to review inventory, I have to ask why. With cycle counting, there is no need for such disruption. The best way to ensure ...

Top menu: ‘Add-ins’> Oracle>Switch responsibility. If this responsibility does not show, you need to request access by submitting an Oracle responsibility request form found on the RIT Service Center ...

Fiscal year 2026 (FY26) is considered a base year for developing the facilities and administrative (F&A) rate proposal for submission to the Division of Cost Allocation (DCA) of the Department of ...

The EH&S department maintains a campus chemical inventory for regulatory, safety and informational reasons. The methods of data collection include chemical inventory at central receiving, delivery of ...