---
schema_version: "1"
id: 8c43e1e90e9a444f078529ff91f499d03deebcea7d0d40a6983e5cdefb5cff9d
title: Create an Asset Warranty
collection: admin
version: current
locale: en-us
portal_url: https://docs.salesforce.com/admin/current/en-us/ind/264-0-0/associate_warranty_term_asset_task.md
canonical_url: https://help.salesforce.com/s/articleView?id=ind.associate_warranty_term_asset_task.htm&release=264.0.0&type=5
source_site: help.salesforce.com
content_type: documentation
content_hash: 19b1197d97d6f8e77f6b757436485405cd0f216819e8b471ca6a617f3dbacc7d
description: To assign a warranty term to an asset, create an asset warranty. Specify any extensions or exclusions for the assigned warranty term.
products:
  - Manufacturing
release: "264"
---
# Create an Asset Warranty

To assign a warranty term to an asset, create an asset warranty. Specify any extensions or exclusions for the assigned warranty term.

### Required Editions

<table class="slds-table slds-table_bordered slds-max-medium-table_stacked slds-m-bottom_small edition"><colgroup><col></colgroup><tbody><tr class=""><td class="slds-cell-wrap" style="vertical-align:top;">Available in: <strong>Enterprise</strong>, <strong>Unlimited</strong>, and <strong>Developer</strong> Editions</td></tr></tbody></table>

<table class="slds-table slds-table_bordered slds-max-medium-table_stacked slds-m-bottom_small permission">
        <colgroup>
          <col style="width:50%">
          <col style="width:50%">
        </colgroup>
        <thead class="slds-text-title_caps ">
          <tr class="">
            <th scope="colgroup" class="slds-cell-wrap" colspan="2" style="text-align:center;vertical-align:top;" id="d74994e63">User Permissions Needed</th>
          </tr>
        </thead>
        <tbody>
          <tr class="">
            <td data-label="User Permissions Needed" class="slds-cell-wrap" style="vertical-align:top;" headers="d74994e63 ">To create and update Asset Warranties:</td>

            <td class="slds-cell-wrap" style="vertical-align:top;" headers="d74994e63 ">Warranty Lifecycle Management permission set</td>

          </tr>
        </tbody>
      </table>

1. From an Asset record, on the Asset Warranties related list of the Related tab, click **New**.
2. Provide these details.
    
    | Field | Description |
    | --- | --- |
    | Warranty Term | The warranty term that this asset warranty term extends. |
    | Start Date | The date on which cover under this asset warranty term starts. |
    | End Date | The date on which this asset warranty term expires. |
    | Asset | The asset this asset warranty term applies to. |
    | Price Book | The price book associated with this asset warranty term. |
    | Warranty Type | The type of the warranty. |
    | Exclusions | Description of any exclusions. |
    | Exchange Type | The type of exchange offered by this asset warranty term. |
    | Transferable | Indicates whether the warranty term can be transferred to a new owner. |
    | Labor Covered | The percentage of labor covered. |
    | Labor Covered End Date | The date on which cover for labor ends. |
    | Parts Covered | The percentage of parts covered. |
    | Parts Covered End Date | The date on which cover for parts ends. |
    | Expenses Covered | The percentage of expenses covered. |
    | Expenses Covered End Date | The date on which cover for expenses ends. |
3. Save your changes.
    
    ![An Asset Warranty record](https://sf-zdocs-cdn-prod.zoominsoftware.com/tdta-ind-manufacturing-264-0-0-production-enus/71a7997a-6330-43f9-81ad-0e7c8f13997c/manufacturing/images/asset_warranty.png)

![Example](https://sf-zdocs-cdn-prod.zoominsoftware.com/tdta-ind-manufacturing-264-0-0-production-enus/71a7997a-6330-43f9-81ad-0e7c8f13997c/images/icon_example.png)

Example

The warranty manager at Thomas Railways Equipment, Inc., a manufacturer, defines a warranty term to cover all assets for their Pneumatic Drill product with the following details.

- Warranty Term Name: Pneumatic Drill Standard Warranty
- Active: True
- Warranty Type: Standard
- Labor Covered: 60%
- Expenses Covered: 50%

She creates a product warranty term to assign the warranty term to the Pneumatic Drill product. After a partner requests the warranty manager to extend the labor coverage for their Pneumatic Drill B62 asset to 85%, the warranty manager creates an asset warranty term. She specifies the following details for the asset warranty:

- Warranty Term: Pneumatic Drill Standard Warranty
- Asset: Pneumatic Drill B62
- Labor Covered: 85%

The asset warranty extends the labor covered for the Pneumatic Drill B62 asset to 85% but the expenses covered for the asset remain 50% as specified in the standard warranty term.