MIP Ideas Portal

Useful life should be set as default while creating Asset Type ID

We have to add useful life manually for each asset which is a hassle. The system should set this field in master data setup i.e. at time of adding Asset Type ID. As we usually use same useful life for similar type of assets like for Buildings it is 20 year, for vehicles it is 5 years and for Furniture's & Fixtures it is 10 years.

  • Guest
  • Jul 26 2019
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  • Waqas Mahmood commented
    1 Aug, 2019 12:28pm

    Strongly agreed.