Top > Working with Hardware Assets > Life cycle management tasks > Swapping an asset
A swap occurs when a user’s hardware asset is replaced with another. By default, the swap retires the original asset, while the new asset automatically inherits the software assignments, location, cost center, organization, assigned to and child assets. However, some of these default settings can be changed as part of the swap task. The original asset retains its cost center, organization and all other relationships.
PREREQUISITE: The asset must have a status of installed, received, retired or stored to be swapped.
Assets cannot be swapped if they have a status of disposed, ordered, requested, returned or shipped.
To swap an asset:
Go to the IT Asset Management Pack workspace and expand Hardware Asset Management > Hardware Assets > All Hardware Assets.
Select the asset to swap and in the Tasks pane click Swap Hardware Asset. The Swap form opens.
In the Hardware asset field, click Add or Create if the replacement hardware asset has yet to be created.
Determine whether you wish to reassign child or parent hardware assets as part of the swap by selecting the appropriate check box.
In the New location field, click Add or Create to create a new location for the swapped hardware asset.
Select the Life cycle status of the swapped hardware asset.
Click OK to complete the swap.