Edit fixed asset types
If you have the Adviser user role, you can edit a fixed asset type. The details you can change depend on whether the asset type is locked.
Locked asset types
Asset types are locked if you've run depreciation on assets using that asset type.
Locked asset types are indicated by a padlock in the Fixed Assets section of the Settings menu. The figure next to the asset type is the number of assets using that asset type.
You can update the following information for locked asset types:
- Asset Type name
- Book Depreciation Default settings
- Tax Depreciation Default settings
All future assets created using this asset type will have the new details. Existing assets using this asset type won't change, unless you change the asset type name.
Edit an asset type
- On the Settings menu, select General Settings.
- Under the Features heading, click Fixed Assets.
- On the Asset Types tab, click the asset type to open its details.
- Make changes to the asset type.
- Click Save.