- Calendar & Activities
- Creating Invoices
- Sending Statements
- Backorder Invoices
- Progressive revenue
- Bulk send Invoices
- Multi-currency for Sales
- Taking a Deposit
- Credit Notes
- Create Freight Quotes
- Outbound Shipments
- Getting Started with Web Quotes
- Sales Orders
- Making Credit Card Payments
- Logging Payments
- Repeating Invoice Placeholders
- Creating Repeating Invoices
- Set Up Web Quote Templates
- Online Invoice Templates
- Online Sales Order Templates
- Creating a Quote
- Deactivating Products
- Requests For Quote
- Time Products
- Bay Locations
- Stock Tracking
- System Products
- Accounting details for Products
- Configuring Product Settings
- Products in Portal
- Supplier Pricing
- Suppliers & Products
- Multi-currency for Purchasing
- Stock Transfers
- Product Inventory Details
- Importing & exporting Product data
- Purchase Orders
- Managing Stock
- Stock Locations
- Product Batches
- Serial Numbers
- Different Price Types
- Inbound Shipments
- Working with Landed Costs
- Configurable Products
- Variable Products
- Time Billing
- Manufacturers and Suppliers
- FROM Location-based pricing
- TO Location-based pricing
- RFQ Web Templates
- Quantity-Based Price Breaks
- PO Web Templates
- Location-based Price Breaks
- Customer-Specific Pricing
- Deleting Special Prices
- Create Marketing Lists
- Send Email Campaigns
- Creating a simple Web Form
- Smart Lists
- reCAPTCHA for Web Forms
- Facebook Lead Ads
- Add or Remove Contacts/Companies from Lists
- Creating a Marketing List from Advanced Filters
- Editing existing List members
- Exporting Marketing Lists
- Filtering by Lists
- Payment Terms
- Product Groups
- Product Categories
- PDF and Email Template system preferences
- Pricing settings
- Sales & purchase settings
- Regional Settings
- Setting up Teams
- Credit Control
- System Quote Preferences
- Quote Form Templates
- Service Reports
- PDF Templates
- Calculating Landed Costs
- Payment Methods
- Creating SMS Templates
- Managing Connections
- Log into a User account
- Activate a new User account
- System security
- Setting up Teams
- Using Email Templates
- Using SMS Templates
- Using Letter Templates
- Creating Letter Templates
- Creating Email Templates
- Invoice Settings
An Asset is a product which your business has an interest in/relationship with. Whether it’s marketing collateral provided to franchises for point of sale displays, a hire car leased to a client, or machinery you sell that requires regular servicing, asset management in the CRM lets you track your assets to easily stay organised and in control.
To access the CRM’s asset management module, head to the Main Menu > Operations > Assets – here you’ll find a list of Assets related to your business.
There are a few ways to create a new Asset:
- From Operations > Assets click the New Asset button in the top right.
- From a customer record (Company or Contact) – go to the Assets tab and then click on Add Asset.
- From a Sales Order if you have already set up a particular Product to automatically create an Asset when sold, you will be able to click on the Configure Asset button to enter in specific details.
You’ll notice here that there are a number of different fields on the new Asset form.
What data you choose to populate depends on your business requirements. You may or may not own the product, it may or may not be PPSR registered and it may or may not require servicing and/or follow up.
In this example, let’s use a coffee machine, leased to a customer, as an example. It’s important to note that any Assets you wish to list must be set up first as Products you sell.
Start by filling in the basic details:
- Select the underlying Product.
- Add a Display Name (which can provide more detail than just the name of the Product).
- Enter in the serial number (if applicable).
- Select the Account (this is the customer who may be in possession of the asset itself/the customer that the Asset relates to).
To enable the auto-creation feature, you can open any Product record, put it into Edit mode and then ensure that the Auto Create Asset When Sold box is checked. Then click on Save & Close to apply the change.
You can quickly check which of your Products are set to automatically create Assets by adding the column for Auto Create Asset When Sold to your Layout and then searching for a “True” value in the column search.
At a system level you can also choose to have all of your Products or specific ones create Assets automatically – see the following section for further details.
From Admin > General > Assets you can set your preferences for the system to automatically create Assets.
- Auto Create Asset – here you can choose which Products will auto-create Assets. You can Manually Choose Product, set it to happen on All Products or have it only apply to Serialised Products.
- Auto Create Asset On – here you can choose the trigger/s for creation from either Shipment, Invoice or Both.
The checkbox Owned By defines the ownership status of the underlying asset. If the customer has purchased the underlying product outright and your asset record is being used solely for managing after-sales support (for example, servicing an air conditioner) then you would leave this checkbox unchecked.
If the customer is leasing a product owned by you (e.g. a coffee machine or hire car) and the asset record is being used to track your own property, then you would leave this box checked.
Since we’re leasing the coffee machine in this example, we’ll ensure the box beside Owned By is checked. This will help us track internally which assets are owned by us and which assets are owned by third parties/customers.
We’ll also specify the date of install to indicate when the machine was first handed over.
Next you’ll see some ‘PPSR’ related fields. The PPSR is the Australian Government’s Personal Property Securities Register. It’s an optional register allowing businesses to register their security interests, essentially reducing the legal and/or financial risks you may be exposed to during leasing agreements.
If your asset is registered on the PPSR, you’re able to enter the appropriate details in the fields outlined below for easy reference against the asset itself. First, you’ll need to check the box beside PPSR Registered. Then, proceed to populate the Registration Date, Registration Number, Expiry Date and Identifier.
Following the PPSR fields you’ll notice additional service fields.
We’ve covered this in more detail in another help file, so click here to view more information. Essentially, you’re able to flag whether the underlying asset has an associated service contract or service schedule (carried out by you).
You can select the service type and the due date to keep track of servicing requirements for the asset. Then you’re able to view these requirements in the grid to easily manage and follow up on the service schedule for a particular asset/customer.
On a saved Asset record you can navigate to the Service Schedule tab to either view existing or create new schedules.
Below the service information fields you’ll see location details. Here you can specify the exact location of the asset (for servicing, maintenance or tracking purposes).
You’re also able to select a Site Contact, who you would typically liaise with regarding the asset in question (either in person when carrying out a service, or via phone/email).
You can also add additional information into the Asset Location field which you can use for enhanced on-site location detail – i.e. you may want to include a room/workshop or factory floor location description.
The final fields on asset creation are able to provide an enhanced level of detail to the asset record. They define:
- The Asset Status (active, broken or inactive).
- The Created Date and Removal Date (if applicable).
- The Asset Class and Asset Subclass (helpful for grouping and categorising your assets for internal organisation/management – i.e. Machinery, Tools, Marketing Equipment etc.). Please note, the asset class and subclass options can be tailored to suit your requirements by heading to the Main Menu> Admin> Settings> Asset Settings and editing the appropriate lists.
- The Description box can be used to capture specific notes.
Once you’ve finished populating the desired data, hit Save & Close at the top of the screen.
On a saved Asset record you will be able to quickly access associated Jobs and Tickets or create a new Job or Ticket.
You can view and manage all your Assets from either:
- Operations > Assets will display a list of records, which you can segment and search using Filters and Layouts.
- Directly from a customer record (Company or Contact) by navigating to the Assets tab.
Go to Admin > Settings > Assets.
Click on either of the options to reveal a pop-up window that allows editing.
Click on a value and use the Edit or Delete buttons or just click Add to put a new value on the list.