custodian status

An asset's owner custodian often changes over time. For example, there may be one owner custodian who accepts the asset at the loading dock, and a different owner custodian when the item is put into use. A third owner custodian might be responsible for disposal.

The Chain of Custody features use the Custodian Status field to track the active status for owner custodians throughout the asset's lifecycle, so that you have a history of an asset's owner custodians throughout its lifetime. During the timeframe that an owner custodian is assigned to an asset, the Custodian Status field is Active. When the owner custodian gives up custodianship of this asset, the Custodian Status is set to Inactive.

An asset's custodian status can be:

Custodian Status is stored in the Contact Status field of the Teams table. Changes in an asset's custodian are stored as asset transactions in the asset_trans table.