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Asset Form Fields

• Code:

  • Unique code of the asset.
  • Auto-generated by ZORP by default.
  • Custom codes can be assigned.

• Name:

  • Name of the Asset.

• Asset Timeline:

  • Snapshot of the Asset’s uptime over the last 10 days.
  • Green: Operational
  • Red: Non-operational
  • Blue: Maintenance but operational

• Image:

  • Image of the Asset.

• Status:

  • Status of the Asset.
  • Default statuses: Operational, Not Operational.
  • Custom statuses can be added based on processes.

• Location:

  • Link to the location where the Asset is located.

• Purchase Date:

  • Date when the asset was purchased.

• Purchase Price:

  • Price of the Asset at the time of purchase.

• Warranty Expiration:

  • Date on which the Asset warranty expires.

• Work Orders:

  • All the work orders associated with this Asset.

• Asset Type:

  • Type of the Asset.
  • Useful for grouping assets by type while reporting.
  • Default options: Machinery, Equipment, Tools, Furniture, IT Infrastructure, Specialized Equipment, Consumables.
  • Custom types can be added.

• Criticality:

  • Criticality of the Asset.
  • Default options: Critical, Important, Normal.
  • Useful for grouping while reporting.

• Useful Life:

  • Number of months the asset is useful before being scrapped or sold.

• Residual Value:

  • Value of the Asset at the end of its useful life.

• Depreciation Method:

  • Type of depreciation to apply to this Asset.
  • Supported methods: Straight Line, Declining Balance, Double Declining Balance, Sum of the Year Digits.