• From: India, TN, Karur
  • Registered: 05/16/2014
  • Posts: 1,195

Topic: What is the use of parent class in Fixed Assets class ?

As i am trying out with Fixed assets, and came to know what is the use of parent class id in the fixed assets class.

I feel it was not used anywhere from the depreciation to the entire system.

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  • dz
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  • From: Pakistan
  • Registered: 10/07/2019
  • Posts: 50

Re: What is the use of parent class in Fixed Assets class ?

Class setup form in Fixed module is used to setup the basic depreciation rate for different categories of FAs(e.g for Building 5% for IT equipment 40% etc ). It fetches the dep. rate while you are creating a new FA item(In Declining and Straight line method).

  • From: India, TN, Karur
  • Registered: 05/16/2014
  • Posts: 1,195

Re: What is the use of parent class in Fixed Assets class ?

you are right.  but the parent has no use here i guess. it was simply kept there. but never used anywhere in the system.,

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  • dz
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  • From: Pakistan
  • Registered: 10/07/2019
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Re: What is the use of parent class in Fixed Assets class ?

Yes if you referring to the parent class ID, i canot find any use in reports or even dropdowns. If you want to create multiple child under one parent class  for categorization visibility in drop down (like Automobile(Parent)-4 wheeler(child)-2 wheeler(child)) system does not allows.

  • From: India, TN, Karur
  • Registered: 05/16/2014
  • Posts: 1,195

Re: What is the use of parent class in Fixed Assets class ?

this is perfect example dude. looks good to have it for drop down purpose.

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