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Assets

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.

Try it in the demoasset · 6 tasks

Before you start

  • The register itself — an asset audit against an incomplete register measures the register, not the assets.
  • Depreciation treatment agreed with whoever owns the books.

What Assets does

What the company owns, who has it, and what it is now worth.

01

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.

02

Issue an asset to a person and take it back

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.

03

Schedule and complete maintenance

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.

04

Track value, depreciation and disposal

Disposal closes the asset’s life in the register rather than deleting the row, so last year’s figures still reconcile.

05

Run an audit against the register

An audit is the physical check: what the register says against what is in the building. Run one before you trust a valuation.

06

Approve requests, transfers and disposals

The three ways an asset changes hands or leaves, each approvable, because each is a way value walks out of the door.

What it claims to do

The capability list this guide is written against, unabridged. Nothing above adds to it.

Assets on the Supply Chain page
  • An asset register, viewed and maintained
  • Issue and return assets to people
  • Maintenance scheduled and completed
  • Values, depreciation and disposal
  • Audits run against the register
  • Requests, transfers and disposals approved

Where it connects

The modules Assets hands work to, or takes it from. Most problems that look like one module are a handover between two.