Defining Asset Warranties
You can define and track descriptive information on manufacturer and vendor warranties in Oracle Assets. You define the warranty information in the Asset Warranties window. You can then assign assets to these previously defined warranties in the Asset Details window. You can assign any number of assets to the same warranty. If a warranty has any assets assigned to it, you cannot update or delete the warranty. You can attach the asset to a different warranty at any time.
To define warranties in Oracle Assets:
1. Navigate to the Asset Warranties window.
2. Enter a unique warranty number and a description of the warranty.
3. Optionally enter the start and end dates. If you enter one date, you must also enter the other date. If you specify start and end dates, any asset you assign to this warranty must have a date placed in service that falls between the specified start and end dates.
4. Enter the currency code. The currency code of the warranty must be the same as that of the asset you are assigning to the warranty.
5. Enter a cost of $0 or greater.
6. Check the Renewable check box if you want the warranty to be renewable. The Renewable check box is unchecked by default. If you do not specify an end date, the Renewable check box is disabled.
7. Optionally enter employee information.
8. Enter supplier information.
To assign an asset to a previously defined warranty:
1. Navigate to the Find Assets window.
2. Query the asset you are assigning to the warranty.
3. In the Asset Details window, enter a previously defined warranty number or select a warranty number from the list of values.
