---
title: "View Agreement: Assets Tab"
url: "https://help.psarev.io/en/article/view-agreement-assets-tab"
language: "en"
last_updated: "2026-11-04T18:36:01.726Z"
---

# View Agreement: Assets Tab

The *Assets* tab on the agreement details screen displays all assets associated with the agreement. Assets can be associated with an agreement to track the equipment and devices covered under it.

![](https://cdn-assets.productfruits.com/33c120c5-2ce2-493f-a1d8-ab6a716e98cf)

| **NOTE:** Assets on an agreement do not create charges until you configure billing for them. Existing assets do not become billable automatically. See *Configuring Asset Billing* below for more information. |
| --- |

Each column in the assets list is defined below.

| **Label** | **Definition** |
| --- | --- |
| **Asset ID** | *Unique numerical identifier for the asset.* |
| **Description** | *Name and description of the asset.* |
| **Asset Type** | *Type of the asset, such as Equipment.* |
| **Serial Number** | *Serial number of the asset.* |
| **Location** | *Location of the asset.* |
| **Install Date** | *Date the asset was installed.* |
| **Manufacturer** | *Manufacturer of the asset.* |
| **MFR Part #** | *Manufacturer part number of the asset.* |
| **Current Rate** | *Rate charged for the asset. This column is blank until billing is configured for the asset.* |
| **Last Billed** | *Date the asset was last billed. This column is blank until the asset is billed.* |
| **Bill on Renewal** | *Yes indicates the asset is billed again when the agreement renews. This column is blank until billing is configured for the asset.* |

The following actions are available on the *Assets* tab.

-   Associate an existing asset with the agreement by clicking **Associate Asset**.
-   Create a new asset and associate it with the agreement by clicking **Create Asset**.
-   Search for a specific asset by choosing a field, such as **Asset ID**, from the dropdown next to the **Search** field and entering text.
-   Filter the list by clicking the **Filters** button.
-   Customize which columns display in the list by clicking the **Arrange** button. See the [Arrange Columns](https://help.psarev.io/en/article/arrange-columns) article for more information.
-   Sort the list by clicking a column label in the table header.
-   Open an asset by clicking its row in the list.
-   Configure billing for an asset by clicking the menu icon at the end of the row and selecting **Configure Billing**. See *Configuring Asset Billing* below for more information.
-   Stop billing an asset at renewal by clicking the menu icon at the end of the row and selecting **Disable Bill on Renewal**. Changing this setting does not post a charge.
-   Remove an asset from the agreement by clicking the menu icon at the end of the row and selecting **Remove**.

## Configuring Asset Billing

You can bill for an asset on the agreement by configuring a charge for it. Click the menu icon at the end of the asset’s row and select **Configure Billing**. The **Asset Billing** window opens. 

![](https://cdn-assets.productfruits.com/18839b61-a577-49b9-9ecc-f851e87505d2)

Each field in the **Asset Billing** window is defined below.

| **Label** | **Definition** |
| --- | --- |
| **Product** | *Product used for the charge. Click **Product** to choose a product from the catalog, or **Product Type** to choose by product type. Details from the catalog fill in automatically.* |
| **Description** | *Description of the charge.* |
| **Quantity** | *Number of units to bill. The quantity defaults to 1 and must be a positive number.* |
| **Current Rate** | *Rate charged for the asset. The rate cannot be negative. Saving a rate of zero removes a charge that has not been billed yet.* |
| **Cost** | *Cost of the asset. The cost cannot be negative.* |
| **Billing Behavior** | *When the charge posts. Options include **Post on Creation & Renewal**, **Renewal Only**, and **Post on Creation Only**.* |

Each **Billing Behavior** option is defined below.

| **Label** | **Definition** |
| --- | --- |
| **Post on Creation & Renewal** | *Posts the charge when you save the billing and again each time the agreement renews.* |
| **Renewal Only** | *Posts the charge only when the agreement renews.* |
| **Post on Creation Only** | *Posts the charge once when you save the billing.* |

Click **Save** to save the billing, or click **Cancel** to close the window without saving. The agreement must be in a Pending or Active status to save. 

When charges post depends on the agreement.

-   Pending agreements bill for the first time when the agreement is activated.
-   Active fixed-term agreements can bill immediately or wait until the next renewal.
-   Evergreen agreements do not renew, so the renewal options are not available. Evergreen agreements support Post on Creation Only. 

| **NOTE:** Removing an asset from the agreement, or canceling the agreement, stops future charges for the asset. Charges that were already billed are kept. |
| --- |

For information on other areas of the agreement details screen, see the following articles.

-   [View Agreement Details](https://help.psarev.io/en/article/view-agreement-details)
-   [View Agreement: Overview Tab](https://help.psarev.io/en/article/view-agreement-overview-tab)
-   [View Agreement: Components Tab](https://help.psarev.io/en/article/view-agreement-components-tab)
-   [View Agreement: Profitability Tab](https://help.psarev.io/en/article/view-agreement-profitability-tab)
-   [View Agreement: Ticket Log Tab](https://help.psarev.io/en/article/view-agreement-ticket-log-tab)