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Assets

12 Docs

Asset EOL (End of Life)

Last Updated: February 2, 2026

To terminate /delete an Asset. It requires an OTP Authentication process. Click the “EOL” on an Asset dashboard. On page opening, enter reason for termination and click the “Delete” button.   The OTP window will prompt follow the process and the Asset will be deleted, along with all connected records.      

Asset Ledger

Last Updated: February 2, 2026

As financial activities are triggered on an Assets, they are recorded to the Asset Ledger. From Acquisition to Cost Management (Depreciations), Maintenance, Activities e.t.c. Click the “Ledger” button on an Asset dashboard to view the Ledger The asset ledger can be exported /email or printed.

Asset Maintenance

Last Updated: February 2, 2026

For some Assets, maintenances are required periodically and this need to be recorded. Click the “Maintenance” button on an Asset dashboard. The listed records shows all maintenance activities on the asset so far and the cost incurred. These costs are forwarded as bill to the Account module for approval to the vendor, and also saved...

Asset Activity

Last Updated: February 2, 2026

For some Assets, there are activities that need to be record such as Trips (for vehicles) and others. Some may too be used to generate revenues. This can be done via the Asset Activity page. Click the “Activity” button on an Asset Dashboard.     Enter the activity title e.g Lagos – Benin, select Scope...

Asset Management

Last Updated: February 2, 2026

For proper accountability, those responsible for Assets in terms of management, handlers, users and other roles, ought to be document. Click the “Management” button on an Asset Dashboard to access the management details.       To add a new management record, click the “New” button, on the window that will appear, find an employee...

Asset Locations

Last Updated: February 2, 2026

In tracking Assets, it is important to keep details of where they are, where they have been (movable assets). The Asset Locations page record all these changes.     To record a new location, click the “New” button after you have clicked the “Locations” button on an Asset dashboard. The location recording form is basic...

Asset Cost Management

Last Updated: February 2, 2026

After capturing Asset Acquisition, the next step will be to define the Cost Management – Depreciation/Amortisation. This simply means determining the cost and value of asset within a set lifespan. Let’s say an Asset Acquisition was $10,000 and expected life span is 5 years and savage value (what you think the asset will worth at...

Asset Acquisition

Last Updated: February 2, 2026

After capturing the basic details of Asset, next step will be to document the details of Asset Acquisition including the Acquisition Purchase Agreement (APA).     NOTE: The Acquisition simply details the exact purchasing amount from a source (registered vendor), this is not the actual cost management where depreciation costs are defined. Acquisition is a...

Asset Details and Dashboard

Last Updated: February 2, 2026

On opening an Asset, the dashboard shows summary of activities on the Asset, a buttons to access the properties of the asset. On a wider device like a PC, the asset photo and other details appear on the left pane of the screen.     Asset details such as Acquisition, Cost Management (Depreciation /Amortisation), Locations,...

Assets Management (Overview)

Last Updated: February 2, 2026

The Assets page list all available assets in accordance with the Assets Class your user permission contains. Listing shows Asset name, class, types and photo (if any). A click on an Asset name /photo redirects to the Asset Dashboard.   Add a New Asset Click the “New” on the listing header, the dialogue window appears...

Assets Types

Last Updated: February 2, 2026

The Asset Class system is classified into: Investment, Property, Plant, Equipment, Fleet, Intellectual Property. Each of the classes have their unique Asset Types which is dynamic to you, that means, you can create your own Asset Types (e.g Cars, Lorries under Fleet).     To create a new Asset Type, click ‘Asset Types’ from the...

Assets Overview

Last Updated: February 2, 2026

Managing various Assets; tangible and intangible, is easy and straight-forward with Profitaa. From acquisition (APA) to locations, management, depreciation /amortization (cost management), maintenance and recording of activities.   To get started, here are what you need to know: 1. Assets Classes: The Asset system is classified into: Investment, Property, Plant, Equipment, Fleet, Intellectual Property. Each...