Assets Asset States
What
Asset state provide a way to distinguish between groups of assets i.e. Application, Financed, Previously Financed, Owned
Why
Asset states are used to categorise insight, scheduling reports etc. to allow the risk management of the asset to be linked to your relationship with the assets and the acceptable risk.
How
Asset states are configurable and unique to each company setup. Asset states are added through the Company Account setup by.a system admin.