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Adding a New Asset

Creating a New Asset

To register a new asset in the system:

  1. Navigate to Assets in the sidebar
  2. Click the + button in the top toolbar
  3. The Asset Creation form opens. The auto-generated asset code is shown next to the title, for example Code: 100012
Asset Creation form showing Asset Group, Asset Type, Name, Department, Condition, Status, Location, Cost, Assigned To, Remarks, Asset Photos, dates, Asset Tag, and the Insurance, Warranty, Service Due, and Skip depreciation checkboxes

Form Fields Explained

FieldRequiredDescription
Asset GroupYesCategory group — e.g., IT Assets, Non-IT Assets
Asset TypeYesSpecific type within the group — e.g., Laptop, Land, Vehicle. Pick an Asset Group first; this list stays locked until you do
NameYesA descriptive name for the asset
DepartmentYesThe department the asset belongs to
ConditionYesThe asset's physical condition, for example New or Used
StatusYesThe asset's status. Available is selected by default
LocationYesPhysical location — Main office, Branch, Warehouse, etc.
CostYesPurchase cost in ₹
Assigned ToNoEmployee the asset is assigned to (optional at creation)
RemarksNoAny notes about the asset

Asset Photos

Asset Photos is required. Drag and drop images into the upload area, or click it to select files. Photos help with visual identification during audits, and appear as the thumbnail in the asset list.

Dates and Asset Tags

FieldRequiredDescription
Purchase DateNoWhen the asset was bought. It is set to today's date; change it if needed
Put-to-use DateNoWhen the asset started being used
Asset TagNoLabels that help you group and find the asset. Type a tag and press Enter after each one

Linked Renewals and Depreciation

At the bottom of the form, you'll see these checkboxes:

  • Insurance — Check this if the asset has an insurance policy
  • Warranty — Check this if the asset is under warranty
  • Service Due — Check this if the asset requires periodic servicing
  • Skip depreciation for this asset — Check this if the asset should not be depreciated, for example if it is leased, for personal use, or outside the tax block

Checking Insurance, Warranty, or Service Due will prompt you to fill in the respective renewal details after asset creation.

Important: All fields marked with a red asterisk (*) are mandatory, including Asset Photos. The form will not submit without them.

Submitting the Form

  1. Fill in all required fields
  2. Upload at least one asset photo
  3. Check applicable renewal boxes, and Skip depreciation if it applies
  4. Click Submit

The asset will be created with the auto-generated code and appear in your asset list immediately. Click Cancel to leave the form without saving.

Tip: The asset code is auto-incremented (e.g., 100012). You cannot manually set this code — it ensures uniqueness across your organization.

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Written by Super AdminPublished 29 Aug 2026Updated 9 Oct 2026155 views