Patent ID: 8918360

Claim:
A system for recording, managing and tracking life cycle changes to objects in at least one computer system, the objects comprising hardware components of the computer system, said system comprising: a records generator for creating a master record for the computer system and a transactional record, the master record including a current status of the object and a current status for all objects associated to the object, the transactional record including a status of an object in the computer system, the status of the object including one of: ordered, shipped to the recipient, received by the recipient, installed on the computer system, removed from the computer system, deactivated, and lost on the computer system; an electronic database connected to said records generator, said electronic database stores the master record and the transactional record, the transactional record being linked to the master record in said electronic database; and a computer processor connected to said electronic database, said computer processor updates the transactional record and updates the master record when the transactional record is updated, wherein said computer processor: deactivates the transactional record when an upgrade is installed on the object; and activates a second transactional record for the object, the second transactional record indicating the installation of the upgrade, the transactional record being updated to change the status of the object to one of: shipped to the recipient, received by the recipient, installed on the computer system, removed from the computer system, deactivated, and lost on the computer system, said computer processor links the master record in said electronic database to all transactional records of objects associated to the object and updates the master record when a transactional record of the objects associated to the object is one of updated and added.