Asset Types (General) 

Use

Fixed assets as a whole is made up of a variety of different types of assets. The balance sheet represents this variety using the balance sheet items

It is generally desirable to provide for a more detailed classification of assets according to asset types. The FI-AA component does not provide predefined asset types. There is no object or control indicator in the system called asset type.

Every asset type is represented by one or more asset classes that you define. These asset classes contain certain control indicators. The asset class can serve as a kind of sample master record for the assets in that class. Generally, all the asset classes for an asset type will use the same