Hi All,
Can someone please help me to understand Maximo Asset application's Cost related below fields functionality ? Like- how the value is being populated, once asset life cycle is continuing how the fields value are being used. 
Any help would be appreciated !! 


Thanks,
Siddhant

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Siddhant Banzal
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#AssetandFacilitiesManagement
#Maximo

Purchase price = If you purchase the item marked as rotated, when you serialise it i.e. create the asset, the purchase price is captured.
Replacement cost =  manually added
Total cost and YTD cost need to run the Maintenance Cost Rollup report or set the new correct System Property in MAS Manage
Budgeted = manually added
Inventory = whenever you raise a work order or PO and the CHARGESTORE is marked as Y, it will be accumulated here. 
Current value = current depreciated value requires a depreciation schedule
Expected life = manually added
Estimated EOL = Installed date + Expected life

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Craig Kokay,
Lead Senior Maximo/IoT Consultant
ISW
Sydney, NSW, Australia
Ph: 0411-682-040
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#IBMChampion2022
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