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Release: Australia · Updated: 2026-03-12 · Official documentation · View source

Create consumable assets

Create a consumable to track an asset as a group of the same model.

Before you begin

Role required: asset

Procedure

  1. Navigate to All > Asset > Portfolios > Consumables and create a new record (see table for field descriptions).
FieldDescription
Display nameName of the asset.
Model categoryModel category that controls if an asset is linked to a CI.
ModelProduct model of the asset.
QuantityAmount of items the asset represents.
General
StateState of the asset.
ParentParent asset. When a parent asset is defined, the Assignment and State fields of the child asset are automatically populated based on the Assignment and State fields of the parent asset and are read-only.
ClassType of asset. The system automatically sets the Class to Consumable.
Expenditure typeThe type of expenditure. Choose from the following options:- Capex: Capital expenditure is a one-time expenditure, where the value is realized over the years. For example, a photocopier. - Opex: Operational expenditure is an on-going expenditure. For example, toners for the photocopier.
SubstateSubstate of the asset.
LocationLocation of the asset.
CostPrice that the asset was purchased for.
Cost CenterCost center financially responsible for the asset.
Disposal
Disposal order number

A unique number assigned to the asset disposal order.

Note: This field appears only if you have installed Hardware Asset Management from the ServiceNow Store.

Disposal vendor

The vendor assigned to carry out the asset disposal order.

Note: This field appears only if you have installed Hardware Asset Management from the ServiceNow Store.

Vendor disposal order ID

Order number assigned by the vendor assigned to carry out the asset disposal order.

Note: This field appears only if you have installed Hardware Asset Management from the ServiceNow Store.

Disposal date

The date when the asset disposal order process is completed.

Note: This field appears only if you have installed Hardware Asset Management from the ServiceNow Store.

Disposal reasonText explaining why the asset is being retired.
BeneficiaryOrganization that receives the asset when it is retired.
Resale priceValue of the asset when it is retired. For example, if the asset is donated, the value used when reporting taxes.
Scheduled retirementScheduled date on which the asset is retired.
Retired dateActual date on which the asset was retired.
Activities
Work NotesWork notes related to the asset.
  1. Click Submit.

Parent Topic:Consumables life cycle