University Accounting and Financial Reporting announces further extensions to the previously extended 2020 equipment Biennial inventories and extensions to the 2021 inventory cycles with due dates prior to June 30, 2021. Biennial inventory due dates for 2021 UIUC and System Offices cycles have not yet been extended.
New Due Dates
Due dates are being extended to June 30, 2021 consistent with the maximum 90-day extensions provided to the University by the State of Illinois regarding these mandated inventories and related reporting.
The Biennial Inventory System has been updated with:
- a new certification due date of June 30, 2021 and
- a pending resolution due date of September 30, 2021.
The affected units include:
- 2020 UIC East Side cycle originally scheduled to certify March 31, 2020
- 2020 UIUC and System’s Office units originally scheduled to certify August 31, 2020
- 2021 UIC West Side cycle originally scheduled to certify March 31, 2021
- 2021 UIS units originally scheduled to certify May 31, 2021
Click here for physical inventory training participant guides and helpful job aids.
Units can also find these newly announced due dates within on-line CFO resources:
Business Updates - CFO
Contact
For questions regarding the new Biennial due dates, please contact Magdalena Jach at mj20@uillinois.edu or 312-585-9171.