Repair: When an asset must be repaired, you can set its status to Under Repair in the Catalog. This makes the asset unavailable and prevents it from being checked out during the repair period.
Maintenance: You can set up a maintenance schedule for those assets that must undergo maintenance.
When an asset is checked out for maintenance, its status changes to Under Maintenance in the Catalog, This makes the asset unavailable and prevents it from being checked out during the maintenance period.
For more information on Repair and Maintenance visit these Assets page. 
How to Manage Asset Maintenance, How to Manage Asset Repair.
View related Training videos here.
Learn more about the Inventory Manager on our Inventory - How to pages.
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