Asset Types

Asset types are designed to be used for very broad categories of assets, e.g. Material, Equipment or Expenses. There is no hard limit to the number of asset types you can create, but keep in mind that each asset type can optionally have a tab on the timesheet, so you generally want to limit the number to less than 10.

Asset types have the following properties:

Property	Description
Name	The asset type name, up to 40 characters. A value is required and must be unique.
Plural Name	The plural name of the asset type, up to 40 characters. A value is required and must be unique.
Description	A description for the asset type, up to 255 characters.
ID	The asset type ID, up to 80 characters. This value is not required, but if a value is entered it must be unique for all asset types. This is commonly used for synchronizing with external systems, such as billing or accounting.
Status	The asset class status, either Active or Inactive. Note that you cannot delete an asset type if there are assets, classes, etc. that use it. In those cases you will instead make the asset type inactive to prevent its further use.