Group Assets

A group asset is a collection of member assets. Member assets are the individual assets that belong to a group asset.

You can transfer member assets in or out of a group asset, and transfer member assets between group assets. The group asset cost is equal to the sum of all the member asset costs.

Use the asset type Group only for group assets. This table shows the assets supported by each asset type:

Asset

Description

Asset Type

Group Asset

An asset containing a collection of member assets.

Group

Member Asset

An asset that's part of a group asset.

Capitalized or CIP

Individual Asset

A standalone asset that doesn't belong to a group asset.

Capitalized, CIP or Expensed.