Content Comparison

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• 0101 - Land
• 0102 - Improvements

Create an Asset Class

1. From the Core menu, select "Asset Classes" to display the Asset Class grid.
2. Click 
3. Enter desired information into the asset class window
   1. Type: Use drop-down to select a state defined class.
   2. 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).
   3. Description is the description entered to define the asset class.
4. Click on to add the asset class.   Click on to cancel out without saving changes.

Search/View an Asset Class

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 generate a quick report 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  to view a particular asset class.  From there, you have the option to edit it.

Edit an Asset Class

NOTE: Only the description of the Asset Classes may be edited. 

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1. Query for desired asset class
2. Click on the edit icon  
3. Make desired description changes
4. Click on  to post the changes to the system. Click on Close to close the window and return to the grid without saving changes.

Delete an Asset Class

Delete may be used to delete an asset class that does not have any associated Inventory items.  

1. Query the desired asset class
2. Click on the Delete icon 
3. 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 will not require an asset class code to be assigned. However, these items will appear under an undefined class grouping on the GAAP schedules.