You will be able to create and use classes of non-current assets if you select the Enable Non-Current Asset Classes option on the Administration > Settings > Asset Management form.
There is a number of predefined classes. You can create additional classes of non-current assets to group the assets by their processing attributes or their position in the financial reports.
The list of non-current asset classes
To add a new class, click the Create button. To edit the existing class, double-click it in the list.
Adding a Non-Current Asset Class
In the Description field, type a brief description of a new non-current asset class.
<Auto> in the Code field indicates that the system will assign a unique identifier to the new non-current asset class once you save it.
The Non-Current Asset Classes (create) form
Once the class is saved, you can assign specific non-current assets to this class.
Click Save to save a new class or Save and Close to save it and close the dialog box.