What happens when assets are not found?
If an items or items are not found during the inventory, it is listed as “unfound” or “remaining” and will be searched for in the next fiscal inventory. Typically items can be hidden under furniture, in boxes for storage, hidden underneath supplies, etc. It is actually quite common with the number of assets and current storage restrictions that items go “unfound” or “remaining.” But take care, for if items are not seen in the next inventory, they will be classified as “missing.”