Asset is the central object for information that’s used in billing taxes for assets/property.
Each asset references an asset type, which controls the aspects of how the asset is processed. These include the following:
The lifecycle of the asset
The valid external identifier types for the asset.
Refer to The Big Picture of Assets for a description of business rules that you control when you set up your asset types.
Copyright © 2007, 2016, Oracle and/or its affiliates. All rights reserved. Documentation build: 2.5.2016 10:21:45 [T1_1454696505000]