Free Download Sample Asset Inventory Templates
Assets are assets owned by an individual, company, agency, or government that are intended to make cash. Examples of assets include cash or the equivalent of cash, inventory, investment, vehicles, furniture, patents (intangible assets), stocks, property, and equipment.
An asset has three key things as follows:
- Ownership, which is anything that represents ownership that can be converted into cash and which is equivalent to cash
- Economic value, that is the value of assets that can be traded
- Resources, which can be used to bring economic benefits in the future
Important company assets need to be recorded information in the inventory sheet. Each asset can be broadly categorized as:
- assets that are easily converted or not
- tangible or intangible assets
- assets used for certain operations or purposes
Seeing whether or not an asset is easily converted, assets are further divided into current assets and fixed assets. Examples of current assets are cash, stock, and short-term deposits. Meanwhile, examples of fixed assets such as land, buildings, machine tools, equipment, patents, and trademarks.
When viewed from its shape, assets are divided into tangible and intangible. Tangible assets such as land, buildings, cash, stock, and equipment. While intangible assets such as patents, brands, copyrights, trademarks, and intellectual property.
Assets classified according to their use or purpose are classified as operational assets or non-operational assets. Operational assets are used to generate revenue from the company’s core business activities, such as cash, inventory, machinery and equipment. While non-operational assets are not needed for daily business operations but can still generate income, such as vacant land, securities, and investments.
With reference to the importance of assets, inventory activities are considered very important. Asset inventory templates help to manage assets so they are structured. Here are a few sample templates to help you with your work:
- Free Download Sample Asset Inventory Template
- Free Download Asset Register Inventory Control Template
- Free Download Complete Asset Checklist Template
- Free Download Solving Asset Data Reporting Inventory Template
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