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Asset Type field definitions

Title

Description

Active Indicator

Indicates whether this asset type code is active or inactive. Remove the check mark to deactivate this code.

Asset Type

A unique code to identify an asset type.

Asset Type Description

Required. A description for the asset type.

Depreciable Life Limit

A number indicating the useful (depreciable) life in full years for this asset type.

Moving Indicator

Indicates if assets of this asset type are movable. Clear the check box if they are not movable.

Required Building Indicator

Indicates if assets of this asset type are buildings. Clear the check box if they are not buildings.

 

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Chart of Accounts