State Physical Inventory Requirements are currently suspended.
From the State of Washington's announcement:
In response to the Governor’s “Safe Start” proclamation issued on May 31, 2020, the Office of Financial Management approves a waiver of the State Administrative and Accounting Manual (SAAM), Subsection 30.45.10, which requires agencies to conduct a physical inventory of capital assets at least every other fiscal year. This exception is granted to all state agencies and remains in effect through June 30, 2022.
The Equipment Inventory Office (EIO) has oversight of the proper tagging, reporting, and controls of more than 38,516 equipment assets with a value of $820M (as of 6/30/17).
EIO oversees the OASIS system, which is the fixed asset system that houses all of the University's fixed asset data: Land (not depreciated), Buildings, Improvements Other Than Buildings (IOTB), Infrastructure, Intangible Assets, Art and Capital Collections, and Capital Equipment. OASIS stores this data as well as calculatesand reflects accumulated depreciation expense for the relevant categories of fixed assets.