Asset groups

Asset groups are categories of assets that you can use to reference, process, or simultaneously report on several assets. To group certain assets for reporting purposes, you can assign an asset group to them.

For example, some assets are related but depreciate over different lives:

Asset Group = BLDG (building)

Asset number Description Life
2004 Building 30 years
2050 Roof 15 years
2071 Parking lot 10 years