ERP proposal/Asset management
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Module 09 / 13 · Campus operations

Asset Management

Track equipment from purchase and allocation through maintenance, physical verification and disposal. Keep departmental responsibility and location changes visible.

Asset registerAllocation & transferMaintenanceStock verificationDisposal

The working flow

What happens, step by step

  1. Asset officer registers purchased equipment and supporting invoice.
  2. Department accepts allocation and names a custodian.
  3. Approved transfers update location and responsibility with history.
  4. Custodian reports faults; maintenance records work and costs.
  5. Physical verification reconciles actual condition and location.
  6. Authorised officer approves disposal and records the outcome.

How this connects

Purchases and repair costs link to Expenses. Employee custodians link to HR; exit clearance checks unreturned assets.

One owner for every action.
The responsible office enters and maintains its records. The named verifier checks accuracy; the approver authorises decisions. Every material change retains the actor, date and reason.

The record specification

Fields, requirements & responsibility

Each row identifies the input, when it is needed and who is responsible.

20 field entries

01 / Asset register

10 fields
Asset register: field name, input type, requirement, entered by and verified or approved by
Field nameInput typeRequirementEntered byVerified / approved by
Asset ID / tagAutomatic IDSystem generatedAsset officerAdministration officer
Asset name, category and specificationText / selectRequiredAsset officerAdministration officer
Manufacturer, model and serial numberTextRequiredAsset officerAdministration officer
Purchase date and purchase valueDate / currencyRequiredAsset officerAdministration officer
Vendor and invoice referenceLinked recordRequiredAsset officerAdministration officer
Warranty start, end and termsDate / textRequiredAsset officerAdministration officer
Campus, building, room and departmentSelectRequiredAsset officerAdministration officer
Custodian employee IDStaff lookupRequiredAsset officerAdministration officer
Condition and operating statusSelectRequiredAsset officerAdministration officer
Supporting invoice and asset photographFilesRequiredAsset officerAdministration officer

02 / Lifecycle events

10 fields
Lifecycle events: field name, input type, requirement, entered by and verified or approved by
Field nameInput typeRequirementEntered byVerified / approved by
Allocation date and acknowledgementDate / approvalRequiredCustodian / asset officerAdministration officer
Transfer from / to location and custodianLinked recordsRequiredCustodian / asset officerAdministration officer
Transfer reason, approval and effective dateText / approval / dateRequiredCustodian / asset officerAdministration officer
Fault report date and descriptionDate / long textRequiredCustodian / asset officerAdministration officer
Service provider, work performed and costText / currencyRequiredCustodian / asset officerAdministration officer
Maintenance due and completed dateDateRequiredCustodian / asset officerAdministration officer
Verification date, verifier and observed conditionDate / staff / selectRequiredCustodian / asset officerAdministration officer
Discrepancy and corrective actionLong textIf mismatchCustodian / asset officerAdministration officer
Disposal reason, approval and dateText / approval / dateOn disposalCustodian / asset officerAdministration officer
Disposal method and recovery valueSelect / currencyOn disposalCustodian / asset officerAdministration officer

Approvals & operating rules

  • Transfer requires releasing and receiving acknowledgement.
  • Disposal and write-off require authorised approval and supporting evidence.
  • Asset IDs remain unique after disposal and are not reused.

Keep people informed

Notifications

  • Custodian: allocation or transfer awaiting acknowledgement.
  • Asset officer: warranty expiry, maintenance due and verification discrepancy.
  • Approver: disposal or write-off request.

Make decisions clearly

Reports

  • Asset register by location and department
  • Custodian allocation history
  • Warranty and maintenance due
  • Physical stock discrepancies
  • Disposal and write-off register

Notification channels, approval thresholds and external integrations are proposed and will be confirmed with the institute. The local demonstration does not send messages.