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Organizing Your Inventory: Statuses, Locations, and Departments

Having 500 assets in a system is only useful if you can find the right one in 10 seconds and understand what state it's in. That's what statuses, locations, and departments are for. Here's how to use them without over-engineering it.

Statuses: The Lifecycle of an Asset

Every asset in AssetCompass has a status that reflects where it is in its life. There are 15 built-in statuses, organized into a rough lifecycle. You don't have to use all of them — but knowing what they mean helps you pick the right one.

StatusWhen to use it
OrderedPO placed, device hasn't arrived yet.
ReceivedDevice is in hand but hasn't been set up.
Being ProvisionedIT is imaging it, installing software, configuring accounts.
Ready to DeployConfigured and sitting on the shelf, waiting for a person.
ActiveIn use by someone. This is your default for most assets.
BYOD – Pending SetupEmployee's personal device that needs to be enrolled.
Return to ITAsset is being collected — offboarding, repair, refresh.
Under RepairOut for service. Combine with a "Repair" note for context.
BuybackEmployee is purchasing the device from the company.
Given to EmployeeAsset has been permanently transferred to the employee.
Pending DisposalEnd of life, waiting to be wiped and disposed.
DonatedSent to a charity, school, or nonprofit.
DestroyedPhysically decommissioned. Requires confirmation — this can't be undone.
Lost / StolenSelf-explanatory. Hopefully infrequent.

The Add Asset wizard only shows the most common statuses (Ordered through Active). The full list is available when you edit an existing asset.

Don't over-track. If you're a 20-person company, you probably don't need to distinguish between "Being Provisioned" and "Ready to Deploy." It's fine to use just four or five statuses — Active, Under Repair, Pending Disposal, Lost/Stolen, and Ordered covers most teams. Add more granularity when you feel the pain.

Condition: A Different Thing Than Status

Condition is not the same as status. Status is about where an asset is in its lifecycle. Condition is about its physical state. An asset can be Active (deployed to someone) and in Poor condition (cracked screen, missing keys) at the same time.

There are four condition values: New, Good, Fair, and Poor. Use condition to track physical state at check-in/check-out, or to flag assets that need attention before redeployment.

Locations: Keep It Flat (at First)

Locations in AssetCompass are a flat list — there's no nested hierarchy of building → floor → room. That's intentional. For most teams, "Main Office," "Chicago Remote," and "Storage" is enough to be useful without becoming a filing system you have to maintain.

Add your locations from the Locations page in the sidebar. Each location shows you a count of assets assigned to it and a breakdown by status.

  • Name locations by how you'd say them out loud: "Austin Office" not "US-TX-AUS-HQ-L2"
  • If you have a storage room or IT closet where undeployed assets live, add it as a location
  • Remote employees can each have their own location (e.g., "Remote – Jane Smith") or share a generic one ("Remote – US East"). Either works.

Departments: For Reporting, Not Filing

Departments are how you slice asset data in reports. They're not a permission boundary — a Finance team member can still see Engineering assets — they're just a grouping for "how many assets does each team have?"

Departments are created automatically when you type a new name in the department field on any asset. There's no setup screen required. Keep names consistent — "Engineering," "Eng," and "engineering" will create three separate departments.

Tip: Use the Assets page filter to slice by status, location, or department and spot problems fast — for example, filter to "Pending Disposal" to see everything queued for retirement, or filter to "Under Repair" to see how many devices are out of rotation.

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