Add New Products   

1. Go to Setup > Customization > Asset Management > Product.
   
2. Click New Product.
   
3. Fill out the following details:
   
1. Product Type*: Select the product type to classify the product.
   
2. Product Name*: Provide a name for the product.
   
3. Manufacturer: Provide the name of the product manufacturer.
   
4. Part No.: Provide the part number of the product.
   
5. Cost: Provide the cost of the product.
   
6. GL Code: Select the GL code.
   
7. Product Visibility: Select the Product Visibility checkbox to disable the product’s visibility in purchase orders by marking it as Do not show in purchase order.
   
8. Description: Describe the product usage and functionality.
   
9. Images: Upload images for reference, if any.
   

* mandatory fields

1. Click Save.
   

Only SDAdmin and technicians with product configuration privileges can restrict product visibility in purchase orders.

Products marked as Do not show in purchase order will not be listed under the Products drop-down on the New Purchase Order.

Edit/Delete Product 

1. Click beside the product and select Edit or Delete.
   
2. To bulk delete, select the required products and click Delete on the toolbar.
   

Configure Depreciation   

1. Click beside a product and select Configure Depreciation. To bulk depreciate, select multiple products and click Configure Depreciation on the toolbar.
   
2. Select a required method.
   
1. For Declining Balance and Straight Line: You can calculate depreciation based on the useful life of the asset or the decline percent per year.
   
2. For Double Declining Balance and Sum of the Years Digit: You can only calculate depreciation based on the useful life of the asset.
   
3. You can configure depreciation based on:
   
1. Useful Life: Enter the life span of the asset in months.
   
2. Decline Percent: Enter the depreciation percentage.
   
4. Salvage Value ($): Enter the total net worth of the asset after it has exhausted its useful life span.
   
5. Click Save.
   

Depreciation will not be added for software and consumables .

Associate Vendor   

1. Click beside the product.
   
2. On the expanded view, click Associate.
   
3. Fill out the following details.
   
1. Vendor: Select a vendor to associate with the product. This is a mandatory field.
   
2. Price: Enter the cost of the product.
3. Tax Rate: Provide the applicable tax rate in percentage.
   
4. Warranty Period: Configure the warranty period in years and months.
   
5. Maintenance Vendor: Select a maintenance vendor for the product.
   
6. Comments: Add additional information, if any.
   
4. Click Save.
   

Edit/Delete Vendor Association 

1. Click beside the product.
   
2. Click beside the vendor name and select Edit or Delete.