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What Is An Asset Class Catalog? |
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Answer» An ‘Asset Class Catalog’ contains all the asset CLASSES in an enterprise and is therefore valid across the Client. Since an asset class is valid across the Client, most of the characteristics of the asset class are defined at the Client level; HOWEVER, there are certain characteristics (such as the DEPRECIATION key, for EXAMPLE), which can be defined at the chart of depreciation level. An ‘Asset Class Catalog’ contains all the asset classes in an enterprise and is therefore valid across the Client. Since an asset class is valid across the Client, most of the characteristics of the asset class are defined at the Client level; however, there are certain characteristics (such as the depreciation key, for example), which can be defined at the chart of depreciation level. |
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