Asset Locations

Create asset locations to track the physical location of assets.

You can report on and transfer assets based on their locations.

• Define locations based on the current and expected future assignments of assets.
• Ideally, use standardized location names or abbreviations where the names are too long, because locations are used for grouping, tracking, and reporting purposes.

An asset can be in multiple locations based on its quantity. For example, let's say you have an asset named Computers, and you have 50 units of this asset. The 50 computers are in many different locations throughout your office buildings. You can use asset locations to easily track where each unit is located.

Create an Asset Location

This task shows you how to create an asset location.

1. In the Setup and Maintenance work area, select:
   • Offering: Financials
   • Functional Area: Fixed Assets
   • Task: Manage Asset Locations
2. In the Manage Asset Locations page, click the Add icon.
3. Select your country, state or county, city, and building from you Location flexfield segment values.
4. Optionally enter an effective start and end date.
5. Enable the checkbox in the Enabled column.
6. Click Save and Close.