Introduction to setting up main assets and asset components
You can group fixed assets by using main assets and asset components. This ability is useful if you want to analyze several assets together, for example:
The total acquisition cost of all assets to build a new warehouse.
The total maintenance cost for all repair service vehicles.
You can also group main assets and asset components in reports such as the Fixed Asset Book Value 01 report.
On the Fixed Asset Setup card, you can specify if it's allowed to post to main assets.
Watch the video to see how to group assets together using main and component assets.