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shasha777shasha777 

Difference between product and asset in salesforce?

Hi to all,

I want to know the differnce between Products and assets in salesforce?

Best Answer chosen by Admin (Salesforce Developers) 
gautam_singhgautam_singh

Hi ,

Assets store which products each account has (or had). Products store the actual products your company sells (or sold). Contracts stores the contracts each account has (or had) with you.

If products are what our company sells and assets are the products that our contacts actually have then when a contact "buys" a product, shouldn't that product then be converted to an asset because, at that point, it's a product that the account now has? Yet, in SF assets seem to have no relationship whatsoever to the products that are actually attached to the account.

 

Look for the videos of adding Products and Asset

 

 

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All Answers

gautam_singhgautam_singh

Hi ,

Assets store which products each account has (or had). Products store the actual products your company sells (or sold). Contracts stores the contracts each account has (or had) with you.

If products are what our company sells and assets are the products that our contacts actually have then when a contact "buys" a product, shouldn't that product then be converted to an asset because, at that point, it's a product that the account now has? Yet, in SF assets seem to have no relationship whatsoever to the products that are actually attached to the account.

 

Look for the videos of adding Products and Asset

 

 

Important :

Hit Kudo's if you find useful information from this post and if is the solution to your answer please mark it as a solution .

This was selected as the best answer
Sumant SatpathySumant Satpathy
For example:
Person A has an iPhone and Person B has an iPhone.
Here Product is iPhone. But A's iPhone and B's iPhone must have the different Asset ID/Number. That means Asset must be different from one abother. This is the basic funda of Product and Asset.