12.2.5 Update an Existing Asset in FABweb

Policy Statement

When the attributes of an asset change, its asset record in FABweb must be updated promptly. Before you can do this, you must have access to FABweb.

Procedure

To update an existing asset in FABweb:

1. Log on to FABweb. Select "Update an Existing Banner Fixed Assets."
2. Enter the PTag for the asset.
3. Update the information as you continue through the FABweb tabs. Confirm that the entity code is correct. If it is not correct, submit the Entity Code Change Request form.
4. View the asset record in Banner to confirm it has been updated.

Forms Used in this Procedure

Entity Code Change Request

Related Policies and Procedures

12.1.1 Obtain Access to FABweb

Additional Resources

FABweb Equipment Attributes in Definitions
FABweb training (Accounting: FABweb FA 102)
Moveable Equipment Physical Inventory Verification Manual, Appendix A: A Dictionary of Fields Used on Reports
Accounting and Financial Reporting Training Materials

Last Updated: June 1, 2011 | Approved: Senior Associate Vice President for Business and Finance | Effective: June 2011