Creating a lease asset class

An application administrator can set up new asset classes.

Procedure

  1. Go to Tools > Administration > Classification.
  2. On the Hierarchy panel, find and expand Lease Asset Class.
  3. Click Asset Lease to add an asset class for an asset lease or Real Estate Lease to add an asset class for a real estate lease.
  4. Click New and then click Lease Asset Class.
  5. On the Lease Asset Class form, enter the Name of the asset class in the General section.
  6. Click Create. The new lease asset class will be visible on the hierarchy panel.