Adding calendar-based warranty coverage to equipment

Note: To manage warranties from the perspective of the warranty record, select Equipment > Warranty > Warranties.

To add calendar-based warranty coverage to equipment:

  1. Select Equipment > Assets.
    Select Equipment > Positions.

    Select Equipment > Systems.

  2. Select the equipment for which to add a warranty, and then click the Warranties tab. The system automatically populates Coverage Type, Active, Date Entered, and Entered By.
  3. Click Add Warranty Coverage.
  4. Specify this information:
    Warranty
    Specify the warranty document to associate with the equipment. The system automatically populates the warranty description, Duration, Threshold, Manufacturer, and Supplier
    Coverage Type
    Select Calendar to indicate that the warranty is based on number of days used.
    Duration
    Specify the length of the warranty, in days.
    Threshold
    Specify the number of days prior to expiration at which the system should notify you that the warranty is about to expire.
    Start Date
    Specify the start date of the warranty.
    Expiration Date
    Specify the Expiration Date. The system automatically populates Expiration Date based on Start Date plus Duration. Modify the Expiration Date as necessary.
    Note: The system automatically adjusts Duration if you modify the Start Date or Expiration Date.
    Active
    Select to indicate that the warranty is currently active.
    Duration UOM
    Specify the usage length of the warranty and the usage unit of measure. The system automatically populates Last Value with the most recent meter reading of this equipment record and unit of measure. If there is no meter reading, the system populates Last Value with the Total Usage of the equipment record and unit of measure.
    Threshold UOM
    Enter the amount of usage quantity prior to expiration at which the system should notify you that the warranty is about to expire.
    Starting Usage
    Enter the amount of usage that occurred prior to the warranty start date.
    Expiration Usage
    Enter the amount of usage at which the warranty expires. The system automatically populates this field based on Starting Usage plus Duration UOM. Modify the Expiration Usage as necessary.
  5. Click Submit.