They may be in the form of holding costs, storage costs, shrinkage costs, or any type of cost arising from a decrease in the value of the inventoried assets. Inventory reserves or allowances are ...

That also includes keeping up with service requests from your department. We use asset management to provide information on the location, life expectancy, warranty information and annual inventory.

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 ...

If an asset is missing or stolen, notify your department manager, supervisor and the Inventory Contact Person (ICP). If the asset is a computing device, submit a Tech Café ticket to assist you in ...