Assets

An asset generally represents any tangible or intangible value.

Assets in a company

Under assets, you manage information about assets that are recorded piece-by-piece:

• Machinery and production equipment
• Office equipment
• Buildings
• Software
• Financial assets - investment products, interests in other companies, shares, etc.

Assets in a project

Under projects, assets are used to record parts that are generated in a project

• Prototypes
• Functional samples
• Individual pieces of production

Accounting data for assets

Common data

For all assets, it is possible to document:

• Acquisition and current price (changes in price, e.g. depreciation, are included in the financial records)
• Manager (changes are kept in the history)
• Where and how it is currently used
• For which production or project it was used
• Contracts (typically acquisition, maintenance, leasing, insurance, etc. are associated with the asset)
• Tasks that work with the asset (e.g. maintenance, revaluation, renewal of insurance, etc.)

Specific data

The asset card varies according to the type of asset. Depending on your system settings, some types of assets have special pages. For example:

• Fleet management supports special vehicle data records
• A calendar can be linked to assets - e.g. construction machines are linked to contracts and the calendar shows when the machine will be used in which construction.
• Some assets - typically buildings - have links to locations that are linked to them
• Some assets have quality monitoring flags - quality criteria and control mechanisms. See more Quality Management section.