How to add an Asset in Inventory?
  • In Wavity, adding an asset is a simple and straightforward process that can be easily completed within the platform.
  • User with agent access has access to add assets to the inventory. Assets can be added to the inventory in two ways:
    1. Manually – by entering asset details directly into the system.
    2. Import via Excel – by uploading asset information using the Excel Sheets import function.
  • Note: The steps provided serve as sample instructions and can be customized based on specific requirements; however, the core workflow will remain the same.
  • For Manual entry, Click on the Inventory Management from the quick links.
  • Click on Create to add a new asset to the inventory.
  • The agent must fill in all the required details in the Asset tab. After entering the information, click on the Save button to complete the process.
  • Under the Assigned To tab, agents can directly assign an asset to a user while adding the asset to the Inventory.
  • If an asset is already assigned, the existing user details will be displayed under the Assigned To tab.
  • Asset depreciation can be calculated from the Depreciation tab. To do so, enter the Cost Value, select the Depreciation Type (e.g., Straight Line or Declining Balance), and specify the Asset Life and Depreciation Rate. The system will automatically calculate and display the current value of the asset.
  • In the Software tab, agents can view the software already assigned to the user, or assign software while adding the asset to the inventory.
  • Agents can also view and track the complete asset status under the History tab including assignments to users and returns by end users. All activity related to the asset is recorded and accessible for review.
  • After an asset is added to the inventory, an Asset ID and QR Code Tag are automatically generated as shown below.
  • You can print the QR code and attach it to the corresponding asset. By scanning the QR code using the Wavity Mobile App, you can access complete asset information, including the manufacturer, model, purchase date, description, serial number, asset location, quantity, warranty, and asset state.