Overview

The Vendor Asset section enables users to associate physical or service assets with vendors, including pricing details.

Navigation Path

• Log in to the application.
• Navigate to Vendors.
• Click Assets.
• Click the + Create Vendor Asset button.

Form Fields Explained

1. Vendor

• Select the vendor to whom the asset is associated. This is a required field, and only registered vendors will appear in the list.

2. Select Asset

• Assets must be created beforehand in Company Settings ➝ item Master ➝ Asset. Once created, they appear in the dropdown to ensure standardization and prevent duplication.

3. Price

• Enter the unit price of the asset being provided by the vendor. This is a required numeric field used in valuation and reporting.

4. Currency Code

• Choose the currency used for asset pricing. 

Action Buttons

• Save – Saves the asset details and links them to the selected vendor.
• Cancel – Closes the form without saving any changes.

Note: For creating a Vendor Assert:

1. Mandatory Fields:

• Vendor Name *
  
• Assert *
  
• Price *
  
• Currency Code*

Vendor Asset KPI’s

• Total Vendor Assets – Displays the number of assets assigned across vendors.
• Total Vendor Asset Value – Summarizes the combined value of all vendor assets.
• Active Vendor Assets – Tracks assets currently in use or valid.
• Depreciated Vendor Assets – Monitors assets that have reduced in value over time or reached the end of their lifecycle.