This functionality is used to categorize fixed assets under common headings for e.g. Computers and Accessories, Fixtures and Fittings etc.
In order to add a new fixed asset category, the following steps are required:
- Click on Fixed Assets Categories tab, under the Maintenance section in the Fixed Assets Module.
- Enter the Category Code
- Enter the Category Name
- Select the UOM
- Map the relevant accounts from the drop-down list.
The final step is by clicking on the Add New button