The equipment Biennial Inventory 2025 - UIS Biennial Cycle is starting today. If you are listed as the responsible Unit Contact or Unit Head, please go to Biennial Inventory to get started and to view your unit’s due dates. State of Illinois regulations and University policy require Units to biennially complete and certify a physical inventory of movable equipment. For Unit Heads and authorized delegates, this process is a portion of your custodial responsibilities. The objective of the biennial physical inventory is to reconcile each property record with the equipment in your unit confirming physical existence and to update/correct all property records.
The following training events are scheduled to help your unit staff complete the Biennial process:
- FA105 Physical Inventory of Equipment
- FA102 FABweb Additions and Updates
- FA103 FABweb Transfers and Disposals
Registration and a listing of scheduled events is available at the OBFS - Training Center - Course Registration page.
For additional assistance, please contact a representative from the Property Accounting and Reporting Office from our Who to Ask webpage or forward this email with your comments or questions to OBFS UAFR PROPERTY.