Abstract: An internet-based method of tracking and reporting assets on an asset management system is provided with a server (20) connected to the internet. A plurality of software modules (22-30) execute on the server. Each of the software modules provides a function to track and report the assets on the internet-based asset management system. The users gain access to the software modules through the internet. The asset management system appears as web pages available through the world wide web. The software modules provide the ability to add and update an asset on the asset management system, add employee information to the asset management system and update the asset with the employee information, create an asset tag containing asset information, and generate a report based on the asset information.