An asset register contains all of the equipment, plant and assets that are owned by a business. The asset register contains details on all items that will be worked on or managed by within the business. As well as provide the ability to track asset movements throughout the company.
A well-constructed asset register will allow the business to track site, area or individual asset information including costs, efficiencies, safety inspections
Individual assets can be attached to a parent item this makes it possible to find a specific item within the register and enables the system to track movements of the equipment.