Asset usage transactions are recorded by selecting a transaction type. The asset transaction types are:

Commissioning

Commissioning is the transaction that indicates that the asset record defined in the system is physically in the system and that it is available.

Asset acquisitions are either input to warehouse transactions if the asset can be stocked; or direct allocation of an asset.

If an asset is immovable and then it means that it is an asset that cannot be stored in warehouse. This type of asset is a "free" asset, meaning that it is registered in company records and it has not been allocated yet, or that it can be recorded as an asset with a direct allocation.

Decommissioning

Decommissioning transaction terminates the available status of an asset that is available in different manners (sales, scrap, salvage etc.). Active usage of an unavailable asset ends and the current totals are decreased accordingly.

Allocation

The allocation of the asset to an organizational unit, employee AR/AP, asset, warehouse or an asset part for an indefinite time. Furthermore, it also allocates an allocated asset to an organizational unit, employee AR/AP, asset, warehouse or an asset part. Allocation transactions are used to record the allocation of an asset from warehouse to usage, from free to usage, from usage to usage, from usage to warehouse and from warehouse to warehouse.

Usage Termination

Usage termination withdraws an asset allocated to an organizational unit, employee, AR/AP, asset, warehouse or an asset part to terminate its current use and make it available for other units. Usage Termination is performed by warehouse input if the allocated asset is a material, otherwise by changing the status to "free" for immovable assets. For example, you may send a material-related asset to warehouse in order to allocate it for sales or as a scrap. By doing so, asset status becomes unavailable and stock totals are increased since the asset becomes a stock item.

Assignment

Indicates the assignment of an asset or asset part to be used in a specific task for a definite period. For example, the use of a meeting room or any vehicle is an assignment.


Certain slips resulting from transactions are automatically generated by the application, depending on the usage transaction type. The slip types are:

Asset Transfer Slips

One of the material slip types. These slips are generated automatically only if the asset is related to a material. Therefore, Asset Transfer Slips cannot be added or modified from material slips, but can be viewed.

Asset Input Slips

One of the material slip types. These slips are generated automatically only if the asset is related to a material. Therefore, Asset Transfer Slips cannot be added or modified from material slips, but can be viewed.

Asset Output Slips

One of the material slip types. These slips are generated automatically only if the asset is related to a material. Therefore, Asset Transfer Slips cannot be added or modified from material slips, but can be viewed.