Fixed Assets

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Equipment

Tracking

Barcode tags are required to be attached to new assets with a total cost of $5000 or more for tracking. Asset tags are easily identifiable as blue or silver stickers approximately 2" x 3/4" with "UNC Wilmington" and "FAS 00XXXXX" on the tag.

Note that some items may still have tags that are no longer in Banner due to the threshold change. It is NEVER appropriate to remove a fixed assets tag. Only Fixed Assets staff are authorized to apply or remove tags. Please contact Fixed Assets if tag becomes dislodged or loose.

Equipment Categories

  • Office Furniture & Equipment
  • Electronic Data Processing Equipment
  • Educational, Scientific and Research Equipment
  • Motor Vehicles (Licensed and Non-Licensed)
  • Other Equipment (Grounds & Landscaping, etc.)
  • Computers
  • Software

Tracking Grant Equipment

Most Grant purchases meeting the cost threshold criteria are required to be barcode tagged as UNCW equipment, added to the Fixed Asset system, and included in the annual inventory process.

Much of the property acquired on research and training awards will become University (State) property upon acquisition or by subsequent vesting of title.

In order to help Fixed Assets with the tracking of grant equipment please do the following:

  • Keep inventory records up to date.
  • Notify Fixed Assets when a grant expires relating to inventoriable equipment.
  • Departments may NOT transfer grant property without written approval from the Office of Sponsored Programs and Research Compliance.

Please note, federal equipment transfers back to the sponsoring Federal Agency at the end of the Grant.