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The '''code''' can be a maximum of four characters and is usually a short name of the type, for example, COMP for Computers.<br />
The '''handling code'''' controls the depreciation rules for the asset type:<br />
Asset is the standard handling code; an asset with this handling code can be depreciated and disposed of with automatic posting.<br />
''Leasing'' does not generate any depreciation and does not expense any part of the acquisition but treats the asset as a lease.<br />
''Expensed'' can be used to register asset that is expensed directly upon acquisition.<br />
''Cost estimate'' allows you to budget for assets.<br />
In inventory reports, you can select by handling code.</div>FuzzyBot