Cloud-Based Asset and Inventory Management Proven to Optimize Your Business

Stock-to-Asset Feature

Convert Stock Inventory to an Asset

Stock-to-Asset is a unique function developed to assist companies or teams that need both Inventory Management and Asset Management efforts. The feature reduces process redundancies. Also, it assists the Inventory System Users with accounting processes and delivers a simplified, efficient tracking solution.



This feature is only available to users who have purchased the Stock Inventory AND Asset system

inventory management and asset management combined
 
inventory control and asset control

Combined Inventory And Asset Control

Depending on your business process, you may need to track certain items or products as both stock inventory and assets. For example, your products are assembled or received and then stored in your warehouse inventory. Those products will be issued out to a customer and installed at the customer location, with a foreseeable useful life of over a year. Therefore, inventory levels needs to be adjusted and the product needs to be reclassified as a deployed asset that needs to be tracked and managed.

 
 

Stock to Asset Benefits

This transaction or conversion allows you to search for a serialized or non-serialized inventory item that is issued to a customer or location and assign it an asset number and model number. The quantity and associated cost are automatically adjusted in the inventory database and you can begin tracking pertinent asset attributes such as maintenance, warranty, and location.

automate stock to asset conversion

 

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