Overview

Updated on 22 Aug 2024
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Fixed Assets refer to the long-term assets that an organization acquires and utilizes within its infrastructure. These assets are critical for the functioning of the IT environment and play a key role in supporting various business operations.

This section provides a detailed explanation of how to add or create a new fixed asset, along with an in-depth exploration of the various asset lifecycle statuses.

Let's explore the following use case!

Use Case

User Persona: ITAM Analyst

Solution

NovaTech frequently acquires new IT assets such as laptops, desktops, and servers.

Whenever a new fixed asset is acquired, it must be configured and added to the Asset Management system for tracking purposes. This includes recording details such as asset type, serial number, purchase date, location, user assignment, warranty information, and any associated costs.

Ira, the ITAM Analyst, can add fixed assets into the inventory using the Manage Asset - Fixed option. This feature allows her to input comprehensive details about the fixed assets, including General, Hardware, Software Information, Discovery details, Warranty information, and other essential details crucial for efficient inventory management.

Fixed Asset - Lifecycle Status

Assets go through several lifecycle statuses such as:

Let's explore the detailed configurations for each status.

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What's Next

Add New Asset

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