Parts tracked by asset that reside in the storeroom (status ‘In store’ or ‘Purchased/in store’) are not always simple individual assets. They may be an asset with child assets or child positions or a combination of both and may also have multiple levels of hierarchy underneath. The rules of thumb for these parent assets are that:
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All dependent children (asset or position and any level) are in the same store and bin as the parent asset;
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All dependent children (asset or position and any level) have the same status as the parent;
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All dependent child assets (any level) with a part number will have their quantity on hand updated; and
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Based on the setting of install parameter CHILDTXN, all dependent child assets (any level) with a part number will have a transaction created. The Transaction Type will be Child Equipment (CHEQ).
To be consistent with this approach, which has been standard for years, we follow the same principles during the repair process. Obviously for the repair process, the relevant quantities now are the quantity to repair, the quantity at shop and the quantity at supplier.
On the Stock tab of the Parts screen a check box called Installed Component will be selected if the asset is a dependent child, grandchild, etc. of another asset in the store. Ideally these ‘installed components’ should be excluded from the quantity on hand, the quantity to repair, etc. But the check box is the only indicator currently.
However, the Generate Requisitions and the Generate WOs process both are aware of these child assets and will exclude them from the calculations.