Financial Affairs Administration
Accounts Payable
Administrative Systems Training
Budget Administration
Controller
Cost and Space Analysis
Equipment Accounting
Financial Accounting
Financial Review Services
Payroll Services
Student Accounting
Tax Services
Treasury
University Contracts
University Purchasing
Calendar
Forms
Object Code Search
Policies & Guidelines
Reports & Publications
Resource Links
Financial Affairs Main Page
UAB Financial Affairs
University of Alabama at Birmingham
701 20th Street South
921 Administration Building
Birmingham, AL 35294
Search Financial Affairs UAB Home UAB Directory UAB Calendars

accounting   /  Equipment Accounting Overview

Equipment Accounting

The Equipment Accounting Department serves the UAB community by providing accurate capitalization of assets and the management of the capital equipment inventory in conformance with external and internal requirements.  The Equipment Accounting Department maintains the official UAB property records for all capital equpment items. 

In addition, Equipment Accounting performs the following:

  • Creates a unique inventory record and places a UAB bar tag on new equipment as it is acquired by purchase, donation, fabrication, or transfer
  • Processes equipment transfer information to record current equipment location and/or disposition
  • Assist department with data support for equipment inquiries and periodic equipment inventories
  • Performs physical inventory of UAB capital equipment on a two year rotating schedule
  • Performs special inventories upon request
  • Provides depreciation reports to Service Centers
© Copyright 2007 UAB Financial Affairs    All Rights Reserved
Web Development by Infomedia