Asset Management Settings

Use Asset Management configuration in the desktop application to specify enterprise-wide settings for the Asset Management application, which helps you track and process depreciation or amortization for asset items that you capitalize.

With Asset Management, you can manage an item over its entire life cycle and better assess the risks and overall performance when you make equipment decisions. Asset Management works in conjunction with the Equipment hub (also in the desktop application). The Equipment hub stores the capital items that the Asset Management application tracks, calculates depreciation for, and provides data for in related reports.