Asset Components Tab

The Components tab displays all the components for the asset. Components are items that are required to be tracked as part of the whole asset, but are not required to be tracked as individual assets themselves.

If the addition or removal of a component alters the net worth of the asset, you should also add a financial adjustment for the asset so that this change in net worth is posted and accounted for during depreciation. If depreciation for the component must be tracked individually, the item should be added as an asset and linked to the main asset rather than added as a component.

The Components tab is available to Fixed and Equipment assets.

The Components tab is divided into two sections. The top section of the tab is a summary list of all the components that have been added to the asset. The bottom section is the full details of the component that is highlighted in the browse section. You add and edit the information for a component in the bottom section of the window. The component information on the tab is:

Adding a Component

When you add a component to an asset, you can choose to use a component that has been recorded in the Spares table.

To add a component:

  1. Open the asset you want to add a component to.

  2. Change to the Components tab.

  3. Choose New from the File menu

    OR

    Choose New from the popup menu

    OR

    Click the New toolbar button.

  4. Pinnacle will display a message asking if you want to add a component from the Spares list. Click the No button.

  5. Pinnacle will add a blank component to the asset. Type in the component details.

  6. Choose Save from the File menu

    OR

    Choose Save from the popup menu

    OR

    Click the Save toolbar button.

To add a component from the Spares table:

  1. Open the asset you want to add a component to.

  2. Change to the Components tab.

  3. Choose New from the File menu

    OR

    Choose New from the popup menu

    OR

    Click the New toolbar button.

  4. Pinnacle will display a message asking if you want to add a component from the Spares list. Click the Yes button.

  5. Highlight the spare you want to add as a component from the list of spares displayed and click the Select button.

  6. Pinnacle will add the spare item to the asset as a component. You can edit any details if you wish.

  7. Choose Save from the File menu

    OR

    Choose Save from the popup menu

    OR

    Click the Save toolbar button.

Removing a Component

When you remove a component from an asset, you can choose to record the component in the Spares table, so that it can be used in other assets. If a component was added to an asset in error, you can also delete the component completely.

To remove a component:

  1. Open the asset you want to remove a component from.

  2. Change to the Components tab.

  3. Highlight the component you want to remove. Type a date into the Removal Date field.

  4. Pinnacle will display a message asking if you want to remove the component to the Spares list. Click the No button.

  5. Choose Save from the File menu

    OR

    Choose Save from the popup menu

    OR

    Click the Save toolbar button.

    Pinnacle will change the status of the component to Removed.

To remove a component to the Spares table:

  1. Open the asset you want to remove a component from.

  2. Change to the Components tab.

  3. Highlight the component you want to remove. Type a date into the Removal Date field.

  4. Pinnacle will display a message asking if you want to remove the component to the Spares list. Click the Yes button.

  5. Pinnacle will change the status of the component to Removed. The component will be added to the Spares list.

To delete a component:

  1. Open the asset you want to delete a component from.

  2. Change to the Components tab.

  3. Highlight the component you want to delete.

  4. Choose Delete from the File menu

    OR

    Choose Delete from the popup menu

    OR

    Click the Delete toolbar button.

  5. Pinnacle will display a message asking if you want to remove the component to the Spares list. If the component was added from the Spares list, click the Yes button to delete the component from the asset and return the component to the Spares list. If the component was not added from the Spares list, click the No button to simply delete the component.

  6. Confirm that you want to delete the component.

    Pinnacle will delete the component from the asset.

Related Tables:

Component Descriptions Table

Component Types Table

Spares Table