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How to eliminate the Impact of Asset changes on linked equipment

gibson_nyarugwe
Explorer
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93

Good day Colleagues

We are in the process of rolling out a Project. I have been tasked to document the impact of making changes to equipment structures that are linked to assets. The documentation should include how to correct equipment with wrong structures, what will be the effect of those changes with regards to asset and equipment values.

The equipment objects consists of the structure and electro mechanical components. I have been trying to research but I have not been able to come up with a solution.

Regards

Gibson

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jogeswararao_kavala
Active Contributor
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Hello Gibson,

To my knowledge, PM implementations seldom go for Asset synchronization. I too never was exposed directly or indirectly to this knowledge. I doubt you get complete inputs to your query in this forum. Instead, after completing the discussion here you should post this query in Financials and Asset Accounting space too.

Coming to my part of answer to your query: It all depends upon how the assets were created. Whether, the Assets are created at the top (Structure level) or Electro Mechanical components level (Pump, Motor as separate assets). According to me your own Finance people also should be answer your question well. How good inputs you may get from these discussions, ultimately your Asset people should approve your actions.

Regards

KJogeswaraRao