Asset Custodial Changes

Asset Management

View Official Policy: Asset Custodial Changes

The University of Georgia is required by the Board of Regents of the University System of Georgia and state and federal regulations to inventory and track moveable assets. Asset custodial information is vital to identifying and tracking controlled University assets. Departmental inventory representatives are to make non-financial custodial changes to asset information using UGA Financial Management system. Custodial changes may include, but are not limited to, location changes (building and room number), custodian or end user changes, adding comments and/or updating the off-site status of an asset. Departments may need to update the custodial record of an asset outside of the physical inventory process.

Responsibilities

Date Issued:

Last Reviewed/Updated: 05/20/2020