Biennial Inventory

May
1
OVERVIEW

Must be completed on May 1st of every odd-numbered year.
Applies to all controlled substances in the pharmacy.

INVENTORY REQUIREMENTS

Details to Record:

  • Drug name, quantity, content, and package size.
  • Must specify whether taken at the beginning or end of business.
  • Retention: Keep a copy on-site for at least 5 years.
  • Signature: Inventory must be signed by the person conducting it.

COUNTING GUIDELINES

Schedule II

  • Count Type: Exact count required
  • Special Notes: Must be recorded separately from other schedules
Schedule III–V
  • Count Type: Estimated count allowed (if container holds more than 1000 units an exact count is required)


References


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LAST UPDATED - APRIL 25, 2026

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