Field reference
Asset Category
How to use Asset Category in Fixed Assets: access, working steps, fields, related records and troubleshooting.
Purpose and access
Register assets and their accounting information, location and custodian. Review depreciation settings, movements, servicing and disposal through the applicable records. Asset repair and stock consumption are separate linked activities.
This page is a record page in Finance & Accounting → Fixed Assets. Use the link above to open the configured destination; permissions are checked by the destination service.
ERP links open in a new tab. Sign in with your own account; record visibility, actions and approval authority follow your assigned permissions. Screens can differ by company and configuration.
Before you start
Prepare the required information: Asset Category Name, Accounts.
Confirm the company, party, dates, units and source references that apply. Select existing links carefully and check for an existing record before creating a duplicate.
Working steps
- Open Asset Category from Finance & Accounting → Fixed Assets, or use ERP Search.
- Filter the list and open the relevant record. To add a record, use Add/New when your role provides that action.
- Complete the editable fields described below. Required fields and validation conditions must be satisfied; read-only values are set by the system or their source records.
- Add the required child rows. Review each row’s identifiers, linked records and values, using the child-table field reference below.
- Save the record and address validation messages. Reload and verify the saved values and relationships.
- Use any additional workflow actions only when the record and your role provide them. Saving this record does not automatically complete a related transaction or external action.
Field reference
These fields come from the installed ERP definition. Hidden fields and password inputs are omitted. Additional conditions, custom scripts and workflow rules can make a field required or read-only in a particular context.
| Field | Type / behavior | How to use it |
|---|---|---|
Asset Category Nameasset_category_name | Data Required | Enter the identifier or short text requested by the label. Preserve external reference numbers accurately. |
Enable Capital Work in Progress Accountingenable_cwip_accounting | Check Optional | Enable or disable the named option only when it matches the intended record behavior. |
Non Depreciable Categorynon_depreciable_category | Check Optional | Enable or disable the named option only when it matches the intended record behavior. |
Finance Booksfinance_books | Table Optional | Add the relevant child rows and review required columns, quantities and references before saving. Linked record: Asset Finance Book |
Accountsaccounts | Table Required | Add the relevant child rows and review required columns, quantities and references before saving. Linked record: Asset Category Account |
Child tables
Finance Books — child-row fields
| Field | Type / behavior | How to use it |
|---|---|---|
Finance Bookfinance_book | Link Optional | Choose an existing linked record. Check its company and ownership; typing a label alone does not create a new relationship. Linked record: Finance Book |
Depreciation Methoddepreciation_method | Select Required | Choose one of the configured list values. Status fields may be controlled by the record workflow.Available choices
|
Frequency of Depreciation (Months)frequency_of_depreciation | Int Required | Enter a whole-number value. |
Total Number of Depreciationstotal_number_of_depreciations | Int Required | Enter a whole-number value. |
Increase In Asset Life (Months)increase_in_asset_life | Int Optional · Read-only | via Asset Repair |
Depreciation Posting Datedepreciation_start_date | Date Optional | Choose the business date required for this field. Confirm its relationship to other dates on the record. |
Salvage Value Percentagesalvage_value_percentage | Percent Optional | Enter the percentage expected by the calculation and verify the resulting amount. |
Salvage Valueexpected_value_after_useful_life | Currency Optional | Expected Value After Useful Life |
Rate of Depreciation (%)rate_of_depreciation | Percent Optional | Enter the percentage expected by the calculation and verify the resulting amount. |
Depreciate based on daily pro-ratadaily_prorata_based | Check Optional | Enable or disable the named option only when it matches the intended record behavior. |
Depreciate based on shiftsshift_based | Check Optional | Enable or disable the named option only when it matches the intended record behavior. |
Value After Depreciationvalue_after_depreciation | Currency Optional · Read-only | Enter the monetary amount in the applicable currency. Review the transaction and company currency before using the value. |
Total Number of Booked Depreciationstotal_number_of_booked_depreciations | Int Optional · Read-only | Enter a whole-number value. |
Accounts — child-row fields
| Field | Type / behavior | How to use it |
|---|---|---|
Companycompany_name | Link Required | Choose an existing linked record. Check its company and ownership; typing a label alone does not create a new relationship. Linked record: Company |
Fixed Asset Accountfixed_asset_account | Link Required | Choose an existing linked record. Check its company and ownership; typing a label alone does not create a new relationship. Linked record: Account |
Accumulated Depreciation Accountaccumulated_depreciation_account | Link Optional | Choose an existing linked record. Check its company and ownership; typing a label alone does not create a new relationship. Linked record: Account |
Depreciation Expense Accountdepreciation_expense_account | Link Optional | Choose an existing linked record. Check its company and ownership; typing a label alone does not create a new relationship. Linked record: Account |
Capital Work In Progress Accountcapital_work_in_progress_account | Link Optional | Choose an existing linked record. Check its company and ownership; typing a label alone does not create a new relationship. Linked record: Account |
Troubleshooting
- Not permitted: verify the account, role and source-document permission. Do not share an administrator login.
- Missing record or address: inspect the relevant Link or Dynamic Link fields; a matching title alone does not establish a relationship.
- Cannot save or change status: review required fields, read-only values, document status and the configured approval transition.
- Unexpected report or portal result: review company/date filters, source-document submission and the approved party or Employee link.