PL ProfitLensGCC ERP by Somar
Help CenterFinance, Procurement & Core ERPCompany Assets
Help Center · Finance, Procurement & Core ERP

Company Assets

Register internal fixed assets, apply asset policy, run depreciation, and review historical demo equipment.

Product overviewHelp Center

Before you start

  • Sign in to the correct company.
  • Confirm your role and company subscription allow this module.
  • Complete required master data in connected source modules before starting a transaction.
  • Use demo or authorized data while learning.

Workspace map

1. Register a company asset

This is a user-visible operational capability in the module. Use it after reviewing the current record, required fields, and available permission; then verify the resulting status or document and its downstream handoff.

2. Classify asset ownership and use

This is a user-visible operational capability in the module. Use it after reviewing the current record, required fields, and available permission; then verify the resulting status or document and its downstream handoff.

3. Configure depreciation policy

This is a user-visible operational capability in the module. Use it after reviewing the current record, required fields, and available permission; then verify the resulting status or document and its downstream handoff.

4. Run monthly depreciation

This is a user-visible operational capability in the module. Use it after reviewing the current record, required fields, and available permission; then verify the resulting status or document and its downstream handoff.

5. Review asset history

This is a user-visible operational capability in the module. Use it after reviewing the current record, required fields, and available permission; then verify the resulting status or document and its downstream handoff.

6. Separate internal fixed assets from client CMMS assets

This is a user-visible operational capability in the module. Use it after reviewing the current record, required fields, and available permission; then verify the resulting status or document and its downstream handoff.

Recommended operating sequence

  1. Register a company asset
  2. Classify asset ownership and use
  3. Configure depreciation policy
  4. Run monthly depreciation
  5. Review asset history
  6. Separate internal fixed assets from client CMMS assets

Troubleshooting

  • If an action is not visible, check role, permission, record status, and plan entitlement.
  • If data is missing, correct the source module and refresh this workspace.
  • Read the validation message before retrying; an approval or configuration step may be required.
  • Do not bypass protected correction or reversal by creating a duplicate record.
Important scope note: Client-installed equipment belongs in the Maintenance Asset Registry, not this fixed-asset register.