“In this page, you will find everything related to the Asset Categories page, how to access it, its features, and how to add a new category.
To access the ‘Asset Categories’ page, please follow these steps:
- Start by clicking on the ‘Assets’ section from the main menu in the system.
- Then, you will see the Assets screen; look for the ‘Asset Structure’ window in the top bar of the page.
- Click on this window ‘Asset Structure,’ then click on the ‘Asset Categories’ page link.
Options and features of the ‘Asset Categories’ page:
- Variety of Operations: The system provides a variety of operations related to asset categories. Whether you want to add a new category, modify an existing one, or delete it, you can easily do so according to your needs.
- User-Friendly Interface: The system interface offers an easy-to-use interface for entering details of the new category effortlessly. You can enter basic information such as name, classification, and depreciation rate with ease.
- Organized Display: In addition to data entry, you can view category data in an organized and readable manner. You’ll find a list of all registered categories with the ability to search and sort based on various factors.
- Categories and Their Relationship with Assets: After creating and defining asset categories, these categories become a powerful tool for organizing and dividing fixed assets. You can use them to group similar assets under one category, making it easier to control and track asset movements more efficiently. With asset categories, you can specify and classify assets according to your organization’s needs.
Explanation of How to Add a “New Category”:
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You will need to enter the general settings for the category, including:
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- Category Name: Enter the name of the category you want to add.
- Category Description: Next, it is recommended to add a description that clearly reflects the characteristics and features of the category.
- Detailed Category Description: Add a detailed description of the category you intend to add.
- Category Depreciation Rate: Finally, add the depreciation rate specific to the category based on your company’s policies and accounting regulations.
- Predefined Settings: Each asset comes with predefined settings. When adding a new fixed asset and selecting that category, the settings will be automatically filled. Of course, you can modify these settings as per your needs.
- Finally: Click on the “Add New Record” button.
With this guide, you now have a comprehensive understanding of how to access the Asset Categories page, its various uses, and how to add a new category to the system.”