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Equipment check is useful if you frequently lend or check out your tools, equipments, books, or other items and want to keep track of who is using them.
This template was designed to be customized and printed and used for organizations with many tools and employees will often use barcode scanners linked to inventory management software. Small repair shops with tools that don't get taken out of the shop may opt for the "a place for everything and everything in its place" approach. But, there are still plenty of situations where a simple pen-and-paper sign out sheet works well.