Fixed asset classes
/visma-net-erp/help/fixed-assets/manage-fixed-assets/fixed-asset-classes
section
You create new asset classes by using the Fixed asset classes (FA201000) window, as described in: Create an asset class Alternatively, you can copy an existing class to create a similar asset class, as described in: Create an asset class by copying an existing class
2026-02-19T17:09:06+01:00
# Fixed asset classes
You create new asset classes by using the Fixed asset classes (FA201000) window, as described in: Create an asset class Alternatively, you can copy an existing class to create a similar asset class, as described in: Create an asset class by copying an existing class
For more information: [Fixed asset classes (FA201000)](/visma-net-erp/help/fixed-assets/fixed-asset-windows/fixed-asset-classes-fa201000/), [Create an asset class](/visma-net-erp/help/fixed-assets/manage-fixed-assets/fixed-asset-classes/create-an-asset-class/), [Create an asset class by copying an existing class](/visma-net-erp/help/fixed-assets/manage-fixed-assets/fixed-asset-classes/create-an-asset-class-by-copying-an-existing-class/).
You create new asset classes by using the
[Fixed asset classes (FA201000)](/visma-net-erp/help/fixed-assets/fixed-asset-windows/fixed-asset-classes-fa201000/) window, as described in: [Create an asset class](/visma-net-erp/help/fixed-assets/manage-fixed-assets/fixed-asset-classes/create-an-asset-class/)
Alternatively, you can copy an existing class to create a similar asset class,
as described in: [Create an asset class by copying an existing class](/visma-net-erp/help/fixed-assets/manage-fixed-assets/fixed-asset-classes/create-an-asset-class-by-copying-an-existing-class/)
Fixed assets classes serve the following purposes:
+ To group assets into categories having a similar nature, function, or use in your company's business.
+ To provide default settings when you add an asset to the system and assign the asset to a particular class. Most of the defaults can be overridden.
You can configure separate classes for tangible and intangible assets of different
types with a different estimated useful life, or create a separate asset class for a
non-depreciating fixed assets.
## Default values provided by an asset class
+ When you create an asset class, you specify the default settings for all the assets of the class.
+ You can associate multiple books with the class, each with its own depreciation settings. You have to add the posting book if you want to post to the general ledger the transactions generated for the assets of the class.
+ You can use accelerated depreciation of all the books that use the straight line depreciation method and Dutch method 2. Note that you will be able to associate the assets of the class with only the books that you select for the class.
+ The general ledger accounts assigned to the class define most of the accounts that will be used to record the transactions for the assets of the class.
Related pages
Concepts
Tasks
Windows
Create an asset class
/visma-net-erp/help/fixed-assets/manage-fixed-assets/fixed-asset-classes/create-an-asset-class
section
2026-02-19T17:09:06+01:00
# Create an asset class
1. Go to the [Fixed asset classes (FA201000)](/visma-net-erp/help/fixed-assets/fixed-asset-windows/fixed-asset-classes-fa201000/) window.
1. Click .
1. In the **Asset class ID** field, type the unique identifier for the asset class.
1. Optional: Select the parent class for the asset class you want to add.
1. In the **Description** field, briefly describe the class.
1. If you want to make the class available when users add assets, select the **Active** check box.
1. If you want to give the new assets of the class the **On hold** status, select the **Hold on entry** check box.
1. On the **General settings** tab, perform the following steps:
1. In the **Asset type** field, select the asset type of the assets of the class.
1. If the class is to be associated with tangible assets, the **Tangible** check box will be selected by the system automatically. Otherwise, it will be cleared.
1. In the **Useful life, years** field, specify the useful life of assets of the class in years.
1. To use accelerated depreciation for the assets of the class, select the **Accelerated depreciation for Straight line deprec. method and Dutch method 2** check box. This setting will be applied to all the books of the class that use the straight line depreciation method.
1. On the **Depreciation settings** tab, define the list of books available for the assets and the depreciation settings for those books. Do one of the following:
+ For every book that may be associated with the assets of the class, perform these steps:
1. In the **Useful life, years** column, specify the useful life of the assets of the class in years for the selected book.
1. In the **Class method** column, select the depreciation method to be used to report asset depreciation in the selected book.
1. In the **Averaging conversion** column, specify the averaging conversion for the selected depreciation method.
1. If the assets of the class are to have a bonus, select the **Bonus** check box.
+ For every book that should not be available for the assets of the class, perform these steps:
1. Select the book in the table.
1. Click **Delete row**.
1. On the **General ledger accounts** tab, specify the default general ledger accounts and subaccounts to be used to record transactions of the assets of the class.
1. Click .
> [!CAUTION]
> You can later delete the asset class only if no assets have been associated with it.
Related pages
Concepts
Windows
Create an asset class by copying an existing class
/visma-net-erp/help/fixed-assets/manage-fixed-assets/fixed-asset-classes/create-an-asset-class-by-copying-an-existing-class
section
You can define a new asset class from scratch, as described in: Create an asset class The Fixed asset classes (FA201000) window also gives you the ability to copy the configuration of an existing class to use it as the base for the new class.
2026-02-19T17:09:06+01:00
# Create an asset class by copying an existing class
You can define a new asset class from scratch, as described in: Create an asset class The Fixed asset classes (FA201000) window also gives you the ability to copy the configuration of an existing class to use it as the base for the new class.
For more information: [Create an asset class](/visma-net-erp/help/fixed-assets/manage-fixed-assets/fixed-asset-classes/create-an-asset-class/), [Fixed asset classes (FA201000)](/visma-net-erp/help/fixed-assets/fixed-asset-windows/fixed-asset-classes-fa201000/).
You can define a new asset class from scratch, as described in: [Create an asset class](/visma-net-erp/help/fixed-assets/manage-fixed-assets/fixed-asset-classes/create-an-asset-class/)
The [Fixed asset classes (FA201000)](/visma-net-erp/help/fixed-assets/fixed-asset-windows/fixed-asset-classes-fa201000/) window
also gives you the ability to copy the configuration of an
existing class to use it as the base for the new class.
1. Go to The [Fixed asset classes (FA201000)](/visma-net-erp/help/fixed-assets/fixed-asset-windows/fixed-asset-classes-fa201000/) window.
1. In the **Asset class ID** field, select the asset class whose configuration you want to use as the base for the new class.
1. Select **Clipboard**, and then click **Copy**.
1. Click .
1. In the **Asset class ID** field, type the unique identifier for the asset class.
1. In the toolbar, select **Clipboard**, and then click **Paste**.
The settings of the class you copied are pasted to the new class.
1. Review the settings of the new class, and make any required changes.
1. Click .
> [!CAUTION]
> You can later delete an asset class only if no assets have been associated with it.
Related pages
Concepts
Windows