When completing a physical inventory, you will need to note the physical condition of the equipment.
The codes below are the ones that should be used to indicate the condition of the equipment:
| Asset Condition Code | Asset Condition Name |
| N1 | New, Excellent |
| N2 | New, Good |
| N3 | New, Fair |
| N4 | New, Poor |
| E1 | Used, Reconditioned, Excellent |
| E2 | Used, Reconditioned, Good |
| E3 | Used, Reconditioned, Fair |
| E4 | Used, Reconditioned, Poor |
| O1 | Used, Without Reconditioning, Excellent |
| O2 | Used, Without Reconditioning, Good |
| O3 | Used, Without Reconditioning, Fair |
| O4 | Used, Without Reconditioning, Poor |
| R1 | Repairs Needed, Excellent |
| R2 | Repairs Needed, Good |
| R3 | Repairs Needed, Fair |
| R4 | Repairs Needed, Poor |