How to add an Existing Asset?

• Go to “Assets & Inventory”
• Click on “Assets”
• Click on “Add Existing Assets” 
• Enter the “Asset Name” and  “Asset Subledger”
• Enter “Asset Tag Number” (Optional)
• Select the “Asset Type/ Asset Category/ Vendor”(Optional)
• Select “Depreciation Against Ledger” (**This will be same as Asset Subledger**)
• Update the Brand/Company/Department”(Optional)
• Enter “Date of purchase”
• Update “Purchase Cost/Custodian” (Optional)
• Choose the “Location/Status” (Optional)
• Select “Depreciation Expense Ledger” 
• Enter the Description (Optional)
• Select the Checkbox “AMC” (Optional)
• Enter the “AMC Renewal Period(in years)” (**This is required when AMC is selected**)
• Attach the supporting documents (Optional)
• Click on “Add” to complete the addition of the existing asset.

Note: 

Only the existing asset can be added through this workflow. The new asset can be added by using the Book Expense feature and creating the PO/PR (Purchase Order/Purchase Request) under the Purchases module. Adding the existing assets will be a part of the onboarding process, and the onboarding team will assist with this.