Financial Management › Models › Define an Asset from a Model

Define an Asset from a Model

You define an asset, which is based on a model, to describe a product that you own or plan to acquire. For example, you have defined Dell Precision Workstation 410 as a model. Your enterprise has purchased 100 individual computers, and you define 100 asset records that are based on the model to describe the individual computers.

Note: You cannot define an asset from a model that does not have an asset family.

Follow these steps:

1. Click Model, New Model.
2. Enter the model information with a valid asset family.
3. Click Save.

   The model is defined.

4. Click the Create Asset hyperlink.
5. Enter the asset-specific information.
6. Click Save.