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Administrator Guide
Last Updated: 2025-12-12
Steps: Set Up Asset Tracking

Steps: Set Up Asset Tracking

Review setup considerations for Asset Tracking.
You can configure how you register and track business assets.
  1. Configure these business processes and security policies in the Business Asset Tracking functional area.
    • Asset Adjust In Service Date Event
    • Asset Intercompany Transfer In Event
    • Asset Intercompany Transfer Out Event
    • Asset Issue Event
    • Asset Registration Event
    • Asset Removal Event
    • Asset Transfer Event
    See:
  2. (Optional) You can add these steps to these business processes:
    Business Process
    Steps
    Receipt
    • Action step:
      Review Trackable Receipt Lines
      .
    • Service step:
      Initiate Asset Registration Events from Receipt for Purchase Order
      .
    • Service step:
      Initiate Asset Registration Events from Receipt for Supplier Contracts
      .
    Requisition Event
    Action step:
    Source Goods from Storage
    .
    Supplier Invoice Event
    • Service step:
      Register Business Assets from Invoice
      .
    • Action step:
      Review Trackable Invoice Lines
      .
    See Edit Business Processes.
  3. Create spend categories to populate on capital assets or expensed items that you track. Enable
    Track Items
     and complete the
    Asset Tracking
     section.
  4. Access the
    Edit Location
     task.
    To enable populating a location on assets, select the
    Business Asset
     option from the
    Location Usage
     prompt.
    Security:
    Manage: Location
     domain in the Organizations and Roles functional area.
  5. (Optional) To track additional data on business assets, configure custom objects and fields.