--- title: Create pre-allocated assets description: Create a pre-allocated asset that physically exists, but isn’t yet a financial liability. locale: en-US canonical_url: https://www.servicenow.com/docs/r/australia/it-asset-management/asset-management/t\_CreatingPreAllocatedAssets.html release: australia product: Asset Management classification: asset-management topic_type: task last_updated: "2026-03-12" reading_time_minutes: 1 breadcrumb: [Manage pre-allocated assets, Use, Base Asset Management, Common applications, Asset Management] --- # Create pre-allocated assets Create a pre-allocated asset that physically exists, but isn’t yet a financial liability. ## Before you begin Role required: asset ## About this task ## Procedure 1. Navigate to **All** > **Asset** > **Portfolios** > **All Assets** and create a record \(see table for field descriptions\). **Note:** Category must have the **Allow pre-allocated** option selected.
| Field | Description |
|---|---|
| Display name | Name of the asset. |
| Model category | Model category that controls whether an asset is linked to a CI. |
| Model | Product model of the asset. |
| Quantity | Number of items the asset represents. |
| General | |
| State | State of the asset. |
| Stockroom | Stockroom of the asset. This field is only available if the State field is set to **In stock**. |
| Parent | Parent 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. |
| Class | Type of asset. The system automatically sets the **Class** to **Consumable**. |
| Expenditure type | The type of expenditure. Choose from the following:- **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. |
| Substate | Substate of the asset. |
| Location | Location of the asset. |
| Cost | Price that the asset was purchased for. |
| Cost Center | Cost center financially responsible for the asset. |
| Activities | |
| Work Notes | Work notes related to the asset. |