How You Connect Your Installed Base Assets to Fixed Assets

Integrate installed base assets and fixed assets. Sometimes, the maintenance cost incurred on the installed base asset increases the asset value and needs to be appropriately updated in the asset book. To initiate the cost transfer from maintenance to financial application, the fixed asset context is needed for adding the value. Hence, it's imperative to have an association between the installed base asset and fixed assets.

Define a relationship between an installed base asset and one or more fixed assets. Each relationship will have a valid date range. If a relationship is end dated, the same fixed asset can be added again without overlapping dates with the previous associations.

You can also use a REST service to establish and maintain the relationship between an installed base asset and the corresponding fixed asset.

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