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- 0101 - Land
- 0102 - Improvements
Create an Asset Class
- From the Core menu, select "Asset Classes" to display the Asset Class grid.
- Click
- Enter desired information into the asset class window
- Type: Use drop-down to select a state defined class.
- Code: Will default to the Type selected followed by 00 (i.e. 0300). You may optionally modify the second two digits to further break down the asset class (i.e. 0305).
- Description is the description entered to define the asset class.
- Click on to add the asset class. Click on to cancel out without saving changes.
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The Asset Classes grid displays existing asset classes. You can search for existing asset classes by clicking in the filter row in the grid columns and entering in the desired information. By default, the grid sorts by Code. Click on to on to generate a quick report export (CSV or EXCEL format) extract based on what you filtered. Click on any row of the search results to see a highlight view of the record. Click the view icon icon to view a particular asset class. From there, you have the option to edit it.
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Delete may be used to delete an asset class that does not have any associated Inventory inventory items.
- Query the desired asset class
- Click on the Delete icon
- Confirm you want to delete by clicking on
More Information on Asset Classes
Any items that may have been entered without an asset class prior to the GAAP flag being set to "Y" in EISMNT/DATSCN checked will not require an asset class code to be assigned. However, these items will appear under an undefined class grouping on the GAAP schedulesin the 'unclassified' column on the Fixed Assets by Function/Class report.