University of Illinois System
Policies & Procedures
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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. An employee must have access to FABweb to complete this task.

Reason for the Policy

The State Administrative Code requires timely updating of asset records with records to be updated within 90 days from the date of change.

Applicability of the Policy

All system tracked equipment in Banner.

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 when continuing 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.