<?xml version="1.0" encoding="utf-8"?>
<ManualTopic ID="/baanerp/tf/onlinemanual/000080" xml:lang="en">
   <Header>
      <Title>Using Asset Categories</Title>
      <Keyword type="header" order="d1e1957036">
         <Level1>Asset Categories</Level1>
         <Level2>Using</Level2>
      </Keyword>
      <Keyword type="header" order="d1e1957041">
         <Level1>Categories</Level1>
         <Level2>Asset</Level2>
      </Keyword>
      <Keyword type="header" order="d1e1957046">
         <Level1>Asset</Level1>
         <Level2>Categories</Level2>
      </Keyword>
   </Header>
   <GeneralSection>
      <Paragraph>Categories, which are required for asset entry, classify assets
		and provide data entry defaults during asset entry. When you create a category,
		you indicate default depreciation data such as a default life and depreciation
		method. Depreciation information entered in a category is applied to each book
		associated with an asset automatically. You can change some of this default
		data if it does not apply to a specific asset or book associated with an asset.</Paragraph>
      <Paragraph> Example you create a category called COMPUTERS for all computing equipment used in your
		organization's offices. You enter the most commonly used depreciation method
		and property type for this category. ERP Enterprise then
		assigns this default data to each computer asset you create.</Paragraph>
      <Paragraph>When you add an asset, you assign a predefined category to the
		asset. The category provides default data for each of the books you associate
		with an asset. You choose a subcategory for the selected category to further
		classify the asset for reporting and inquiry purposes.</Paragraph>
      <Paragraph>Example an accountant at your company enters an asset to record the purchase of a dryer
		used to manufacture newsprint. The accountant assigns it the category DRYERS
		and the subcategory NEWSPRINT. If the accountant later wants to perform an
		inquiry to determine the total depreciation for dryers for the newsprint
		product, he can select all assets with the category Dryers and the subcategory
		Newsprint.</Paragraph>
   </GeneralSection>
</ManualTopic>