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