How to Complete a Physical Inventory
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Step 4: Update CAMS
INTRO 1 2 3 4 5 NEXT
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What to do |
How to do it |
| A. |
Complete the CASM or online Asset Maintenance tool for changes to equipment |
There are two ways to update asset records:
- In DaFIS Transaction Processing, the asset representative or account manager completes the CASM.
- The asset representative or their delegate(s) can complete the online Asset Maintenance tool.
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| B. |
Complete CAMS documents |
- Asset Transfer - Use this document if you have assets on your equipment report that need to be moved to another custodial code.
- Asset Retirement - Use this document to remove missing items from your equipment report and to remove excess items from your inventory for which Bargain Barn has indicated they do not have a market.
- Add Asset - Use this document to add theft-sensitive items that were missing from your equipment report, if your department is tracking theft-sensitive items. This document should also be used for any non-purchased equipment acquisitions (i.e., loans or gifts) from outside agencies.
- Equipment Loan/Return - Use this document to report assets that are physically on loan to faculty, staff, students, or outside institutions for a period of a year or longer. For all loans and most equipment moves, the Movement of University Property form should be completed and signed.
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Next - Complete the Equipment Certification