What action must be taken after receiving new property?

The action that must be taken after receiving new property is to report the property on the appropriate property book and conduct an inventory. This is a critical step in ensuring accurate property accountability. Proper documentation is necessary to maintain a clear and accountable record of all equipment and supplies. Reporting the property ensures that it is officially recognized as part of the unit's inventory, and conducting an inventory allows for verification of the received items against what was ordered or expected.

This process also facilitates future audits and assessments of property, ensuring compliance with military regulations and maintaining transparency within the supply chain. Therefore, documenting the property and conducting an inventory are essential tasks that reinforce the principles outlined in AR 735-5 regarding property accountability.