Maintain the register
One row per thing the company owns. The register is the module: everything else here is a fact recorded against a row in it.
Assets is what the company owns rather than what it sells: the register, who currently has each item, what maintenance it is due, and what it is now worth.
What the company owns, who has it, and what it is now worth.
One row per thing the company owns. The register is the module: everything else here is a fact recorded against a row in it.
Issue and return are recorded acts, which is what makes "who has the laptop" answerable on the day somebody leaves rather than a week after.
Scheduled maintenance is a commitment; completing it is the record that it happened. An asset with a schedule nobody completes reads as maintained and is not.
Disposal closes the asset’s life in the register rather than deleting the row, so last year’s figures still reconcile.
An audit is the physical check: what the register says against what is in the building. Run one before you trust a valuation.
The three ways an asset changes hands or leaves, each approvable, because each is a way value walks out of the door.
The capability list this guide is written against, unabridged. Nothing above adds to it.
Assets on the Supply Chain pageThe modules Assets hands work to, or takes it from. Most problems that look like one module are a handover between two.