Sub Classes

Sub Classes are used in Fixed Asset Inventory in conjunction with classes to provide more descriptive categories for assets.  Each asset is assigned to an appropriate sub class.  

Defaults for the replacement cost change factor, useful life, account numbers for Inventories and Reserved for Inventories, and depreciation information are defined for each sub class.  Once an asset is assigned to a sub class, the defaults from the sub class appear but can be changed if needed so that they are applicable to the asset.  Also, if the defaults are changed for a sub class, the assets tied to the sub class can be updated to use the new defaults, if desired.

The following are the standard sub classes defined in the Fixed Asset Inventory module.

 

Class ID

Sub Class ID

Description

Useful Life

100

1000

Land

----

500

1100

Outdoor Equipment

20 years

500

1200

Police and Fire Equipment

10 years

500

1300

Machinery and Tools

15 years

500

1400

Kitchen/Custodial/Appliance Equipment

15 years

500

1500

Science and Engineering

10 years

500

1600

Furniture and Accessories

20 years

500

1700

Business Machines

10 years

500

1800

Communication Equipment

10 years

500

1900

Computer Equipment

5 years

500

2000

Computer Software

5 years

500

2100

Audio/Visual Equipment

10 years

500

2200

Books and Multimedia

5 years

500

2300

Athletic Equipment

10 years

500

2400

Uniforms

5 years

500

2500

Musical Instruments

10 years

600

2600

Licensed Vehicles

8 years

500

2700

Contractor's Equipment

10 years

500

2800

Grounds and Maintenance

15 years

500

2900

Land Improvements

20 years

300

3000

Construction 

50 years

500

3100

Utilities/Water/Sewer

30 years

 

Steps to Add a Sub Class

Steps to Change a Sub Class

Steps to Delete a Sub Class