asset transaction

Asset transactions record any changes to an asset's location, ownership, costs, custody, and status. A listener captures user data changes in the asset tables (Equipment, Building, Property, and Tagged Furniture), and populates the Asset Transaction History (asset_trans) table with a record of the changes.

Having a record of changes for one type of asset enables you to anticipate changes for other asset types that might be dependent on that asset. For example, if a property is being sold, that would effect the building, equipment, and furniture in the building, or, if equipment is being moved, this could affect depreciation, if the new geographical location has different regulations.