Managing Bill of Materials
The Bill of Materials (BOM) feature allows you to track components that make up a larger asset. This is useful for complex equipment, computer systems, toolkits, or any asset composed of multiple parts.
Understanding Parent/Child Relationships
A Bill of Materials creates a hierarchical structure:
- Parent Asset: The main asset (e.g., a workstation)
- Components (Children): Individual items that make up the parent (e.g., monitor, keyboard, mouse, CPU)
Component costs are automatically summed to calculate the parent asset's total value.
Creating an Asset with Components
- Click Create Asset from the Assets page
- Fill in the basic asset details
- Check the "This asset has components" checkbox
- Continue to the BOM section
- For each component, enter:
- Component name
- Quantity
- Unit cost
- Manufacturer and model (optional)
- Click Add Component after each entry
- Review your component list
- Click Save Asset to create the parent with all components
Managing Existing Components
Viewing Components
Open any BOM-enabled asset and navigate to the BOM tab to see all components with their quantities and costs.
Editing Components
- Switch the asset to Edit mode
- Go to the BOM tab
- Click Edit on any component to modify it
- Click Remove to delete a component
- Click Save Changes when done
Adding Components Later
- Edit the asset
- Navigate to the BOM tab
- Click Add Component
- Enter the component details
- Save changes
Value Calculation
The total BOM value is calculated as:
Total = Sum of (Quantity × Unit Cost) for all components
This total is reflected in the parent asset's value for depreciation and reporting purposes.
Best Practices
- Use clear, descriptive component names
- Keep quantities accurate for proper cost tracking
- Update component costs when replacement parts are purchased
- Use BOM for any asset worth tracking at the component level