<style>p { margin: 0; }span.fr-emoticon.fr-emoticon-img { background-repeat: no-repeat !important; font-size: inherit; height: 1em; width: 1em; min-height: 20px; min-width: 20px; display: inline-block; margin: -0.1em 0.1em 0.1em; line-height: 1; vertical-align: middle; } span.fr-emoticon { font-weight: normal; font-family: "Apple Color Emoji", "Segoe UI Emoji", "NotoColorEmoji", "Segoe UI Symbol", "Android Emoji", "EmojiSymbols"; display: inline; line-height: 0; } blockquote { border-left: solid 2px #5e35b1; color: #5e35b1; margin-left:0; padding-left:5px;}blockquote blockquote{ border-color: #00bcd4; color: #00bcd4;}blockquote blockquote blockquote{ border-color: #43a047; color: #43a047;} table.grid{ border-collapse: collapse;} table.grid td, table.grid th { border: 1px solid #ddd;} .fr-fic.fr-dib{ display: block; margin: 5px auto;}.fr-fic.fr-dib.fr-fir{ text-align: right; margin: 5px 0 5px auto;}.fr-fic.fr-dib.fr-fil{ text-align: left; margin: 5px auto 5px 0;}.fr-fic.fr-dii{ float: none; margin: 5px auto;}.fr-fic.fr-dii.fr-fil{ float: left; margin: 5px auto;}.fr-fic.fr-dii.fr-fir{ float: right; margin: 5px auto;}img.fr-dib.fr-fir { margin-right: 0; text-align: right;}img.fr-dib.fr-fil { margin-left: 0; text-align: left;}img.fr-dib { margin: 5px auto; display: block; float: none;}img.fr-bordered { box-sizing: content-box; border: solid 5px #CCC;}img.fr-shadow { box-shadow: 10px 10px 5px 0px #cccccc;}img.fr-rounded { border-radius: 10px; -moz-border-radius: 10px; -webkit-border-radius: 10px; -moz-background-clip: padding; -webkit-background-clip: padding-box; background-clip: padding-box;}</style><p><strong>In this guide we will cover:</strong></p><p><strong>- The difference between assets and items/products in Halo</strong></p><p><br></p><p><br></p><p id="isPasted"><strong><span style="font-size: 14pt;">Assets Vs Items</span></strong></p><p>An Asset can be thought of as an individual instance of an Item/Product, whereas a product is a collection of assets that have not yet been serialised/individualised.</p><p><br></p><p>Items/Products (the term 'Item' & 'Product' are interchangeable) are the entities you add to your quotes, sales/purchase orders & invoices. Products themselves do not contain unique identifiers such as serial numbers as this information would be against an asset.</p><p><br></p><p><strong>Example</strong></p><p>You own a shop that sells iPhones. You have 200 iPhones in the 'Back Office'. Someone comes in and buys one of your 'stock' - you go into the back office & pick out one of the phones.</p><p>At the point of picking an iPhone to sell, you're not concerned with the specific serial number/IMEI - you simply go out back & pick one off the shelf. </p><p>Once you make the sale, you scan the barcode & give the customer a receipt of the transaction, which includes the serial number of the iPhone you have sold them.</p><p>In this example, the 'Back Office' would be a stock location/stock bin. You would have an iPhone product with a stock quantity of 200. The particular iPhone you sold would be an asset - with a serial number/IMEI added to the assets information.</p><p><br></p>