A Rotating AssetA Rotating Asset is an asset that is tracked between operating locations, repair workshops, and can be added to a storeroom ready to be issued again. More is an asset that is tracked between operating locationsA location with a location type of OPERATING. More, repair workshops, and can be added to a storeroom ready to be issued again.

An asset that references a Rotating Item is called a Rotating Asset, an asset that is stocked and can be tracked in/out of a storeroom. The term rotating has nothing to do with assets that physically rotate, but the movement of the asset between different types of locationA physical place where assets exist and where work can be performed. More and the issuing of the asset from a storeroom.

A rotating item is an item or tool that is marked as Rotating, a YORN field.

As there is now the Asset Templates functionality where you can update multiple assets from changes made on the Asset TemplateA template for generating and updating similar assets. More it is best to now consider reserving a rotating asset for assets that are stocked in a storeroom. 

Tool assets are assets that are held in a storeroom, are issued and returned, they refer to a tool item that is marked as rotating.

The Change Item Number action is used to convert an asset to a rotating asset (or vice versa), or to change the rotating item on an existing asset.

You can only apply an Item Assembly Structure to a rotating asset. This creates the subassemblies and spare parts of the asset.