Asset Movement

Asset Movement records the transfer of an asset from one location or custodian to another. Each movement is tracked for audit and accountability.

Creating an Asset Movement

  1. Go to Asset > Asset Movement and click New.
  2. Select the Asset to be moved.
  3. Enter:

- Transaction Date: When the move happens

- Source Location: Where the asset is currently

- Target Location: Where the asset is going

- Source Custodian: Current responsible person (optional)

- Target Custodian: New responsible person (optional)

  1. Click Save and Submit.

When to Record Asset Movement

  • Asset transferred between branches
  • Equipment moved to a different department
  • Asset assigned to a new employee
  • Asset returned from an employee to storage
  • Asset sent for external repair or maintenance

Asset Movement History

Every movement is logged, providing:

  • Complete history of where an asset has been
  • Who has been responsible for each asset
  • When transfers occurred
  • Audit trail for asset verification

Asset Movement Reports

  • Asset Movement Register: All movements within a period
  • Asset Location Report: Where each asset currently is
  • Asset Custodian Report: Who is responsible for each asset
  • Asset Verification: Compare physical location with system records