Asset Types

1. Open the Asset type menu by either selecting Asset type from the Settings - Asset section in the pulse menu -

   

   Note

   This is an example screen shot of the pulse menu.

   Position of the menu items within pulse will vary according to available options and dependant on personal screen resolution.

   or enter Asset type in the Quick Launch Side Menu -

   

2. The following screen will show all the valid Asset types that have been set up -

   

Tangible - A tangible asset is one that can be seen and has a physical presence such as cash, property, plant & machinery or investments.

Intangible - An intangible asset is one that cannot be seen such as goodwill of a company, trademark, and intellectual property rights.

Non-depreciating (Tangible) - A Tangible Asset that doesn't depreciate.

Non-depreciating (Intangible) - An Intangible Asset that doesn't depreciate.

Non-capital - Assets that you want to record but don't want to capitalise.

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Updated September 2024