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.

Answer / chetan

There is only 1 Asset Class for every Asset.
Under one asset class you can create Asset Main Numbers.

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

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.

Answer / kbc

Any Asset can have only Two classes
1- Fixed Assets, and
2- Current Assets.

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

Answer / abc

Asset classes to be created as per the clients actual
classification of their assets

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
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