The asset card contains an overview of all information on the asset
The asset card is the basis for asset management and is available to the asset manager or facility manager in their asset records. Each piece of property has its own card and this is from an operational practicality perspective not an accounting perspective.
The asset card contains all the essential operational information for an asset throughout its life cycle. It also has all activities attached to it, in the form of an operational log or maintenance log, and you keep documentation on it.
Operational documentation of the asset
On the asset card, you keep all the documentation for the asset
- Documentation
- Maintenance Logs
Keeping a maintenance log or operating diary
You can also keep an operations diary or other entries and records around your assets on the assets tab.