Asset register

Asset categories, registering assets, statuses, book value, QR labels and purchase journals.

Step 1 — Asset categories

Menu Assets → Asset Categories: for example Notebook, Monitor, Chair, Vehicle, with a default useful life (months). If finance uses automatic journals, also set the fixed-asset and depreciation accounts.

Step 2 — Register an asset

Menu Assets → Asset Register → Add.

Field Notes
Code Automatic (AST-00001) when empty
Name, brand, model, serial number, specification
Purchase date and cost, vendor, warranty The vendor is chosen from the vendor list, or typed freely
Useful life Default from the category
Condition New, good, fair, poor, broken
Storage Warehouse rack (for assets nobody holds) and a location note

Asset statuses

Status Meaning
Available Nobody holds it
Assigned Handed to an employee (handover)
In repair Being serviced; the holder stays recorded
Lost The holder stays recorded for accountability; it can be found again
Retired No longer used (final)

Every change is recorded in a history that cannot be deleted: who, when, from and to whom, condition, repair cost, and the fields that changed.

Book value

Straight line: purchase cost × remaining life ÷ useful life, never below 0. Book value and warranty are information only: an asset worth 0 can still be used until it is retired.

QR label

Choose assets → Print label. The QR label is encrypted: scanning it opens the asset page in Alurco for people who may see it, including its holder. See QR labels.

Automatic journals

With automatic asset journals on, an asset with a purchase cost posts a purchase journal, and depreciation is booked every month. See Chart of accounts.

Last updated 28 Oct 2026