---
sourceDocument: Australia Asset Management
sourceDocumentLink: https://www.servicenow.com/docs/r/it-asset-management

 Release :

    - australia

ft:locale :

    - en-US

ft:publication_title :

    - Australia Asset Management

ft:clusterId :

    - itam

bundleId :

    - itam

workflow :

    - Technology


---

# Manage pre-allocated assets

# Manage pre-allocated assets {#ariaid-title1}

* Release version: Australia
* 
* Updated March 12, 2026
* 
* ![](https://www.servicenow.com/docs/portal-asset/ico-clock) 1 minute to read

Manage pre-allocated assets, which are the assets that the vendor still owns, but has agreed to store in a customer stockroom for just-in-time procurement.
* **[Create pre-allocated assets](https://www.servicenow.com/docs/CNnRxWAkQ7Ud3QBfiF9pfA#t_CreatingPreAllocatedAssets)**   
  Create a pre-allocated asset that physically exists, but isn't yet a financial liability.
* **[Allocate a pre-allocated asset](https://www.servicenow.com/docs/faFjmoFjC8GUkIdu~WLJkw)**   
  Assets can be allocated from pre-allocated asset records, which creates new asset records and reduces the Quantity in the original pre-allocated asset record.
* **[Split a pre-allocated asset](https://www.servicenow.com/docs/112b23xIxKmv2DYicMVz4w)**   
  You can split a pre-allocated asset to create a group that can be moved to a different stockroom.

**Related concepts**   

* [Work with Asset and CI](https://www.servicenow.com/docs/npvkHWPCBdgmaVi3ffLr7g "Asset and configuration item (CI) management refers to creating assets, setting appropriate states and substates, synchronizing assets and CIs, managing consumables, and retiring assets.")
* [Manage various assets through asset classes](https://www.servicenow.com/docs/YeJXo9_JlGzxlSbYfgv6Yg "The default asset classes are Hardware, Software License, Consumable, Bundle, Software Entitlement, and Facility. These general classes can be used to manage various assets.")
* [Create fixed assets](https://www.servicenow.com/docs/leUA0vmpYp86l4KUD4hFDQ#c_CreatingFixedAssets "Fixed assets are containers that can hold multiple assets. Fixed assets are commonly tracked at the corporate level by a finance or accounting department, but may contain IT assets such as hardware and software.")
* [Consumables life cycle](https://www.servicenow.com/docs/zz6fiMglzekLSSudKrad9g "Consumables are assets that are not tracked individually, but as a group of the same model.")
* [Stockrooms](https://www.servicenow.com/docs/M5aRQ2ilMruCW3qfeV30Jg "Stockrooms are places to which assets are assigned.")
* [Manage transfer order](https://www.servicenow.com/docs/zAoPVfFVSpx7LpGOtvBebw "Manage the asset movement from one stockroom to the other using transfer order.")  
**Related reference**   

* [Use Organization Management](https://www.servicenow.com/docs/airOLdh68QQSTIzq0XUx2A#org-mgmt "The Organization Management application provides an easy way to perform such asset management tasks as updating users and adding vendors.")