How many asset classes are there in asset master records?
Answers were Sorted based on User's Feedback
Answer / dasari
As per the question - there might be lot of asset classes
configured but each asset will be assigned to only one asset
class. so in asset master record, there will be only one
asset class.
Is This Answer Correct ? | 19 Yes | 0 No |
Answer / chetan
There is only 1 Asset Class for every Asset.
Under one asset class you can create Asset Main Numbers.
Is This Answer Correct ? | 15 Yes | 2 No |
Answer / venkatesh
No limit in number for the asset class, it depends on the
need of oraganisation.
Ex: IT_HARDWARE,IT-SOFTWARE, P&M, F&F, Land... etc
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / mamidi vijay
Only one Asset Class is created for every Group of
Asset.Asset Class is known as group Assets
like,Buildings,Motor Vehicles,Furniture & Fittings etc.
Is This Answer Correct ? | 0 Yes | 1 No |
Answer / kbc
Any Asset can have only Two classes
1- Fixed Assets, and
2- Current Assets.
Is This Answer Correct ? | 2 Yes | 3 No |
Answer / bangalore
i have gone in img>financial a/c >asset a/c
masterdata>automatic creation of equipmant master record
and excuted "assign master data fields of assets and
eguipment " some fields are mapped but iam unable to
deactivate them as it generates an error
Is This Answer Correct ? | 2 Yes | 4 No |
Answer / aluri_suresh@yahoo.com
we have to create asset classes as per companies act,
i think 6 asset classes are there 1.financial assets
2.asset under construction 3.leased assets 4.low value
assets 5.technical assets etc.. we have to assign every
asset to these asset classes if any error correct my
answer from
Is This Answer Correct ? | 1 Yes | 6 No |
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