Understanding Controllable Asset Types
Controllable asset types define the attributes for controllable assets of a certain type, including information such as the valid location types and service history types for the assets and whether or not such assets can have attached components.
Controllable asset types have a related device type record. When a controllable asset type is created (or updated), a corresponding device type is created (or updated). See Understanding Device Types, below for more information about device types.
Controllable asset types are defined by the following
Asset Business Object: The asset business object used when creating controllable assets of this type.
Service Type: The type of service (such as Electric) associated with controllable assets of this type.
Asset Category: The 
Component Relationship: A flag that indicates if components can be installed on controllable assets of this type
Asset Management: 
Failure Profile:  Valid failure information (including failure types, failure modes, failure repairs, and failure components) associated with controllable assets of this type.
Valid Location Types: A list of valid location types for each asset disposition. Note that the device location types for device locations where controllable asset of this type are to be installed must be specified for the "Installed" asset disposition.
Access Control: 
Owning Organization: The access group to which controllable assets of this type belong.
Instance Organization: 
Value Service History Types: A list of valid service history types for controllable assets of this type. 
System Data
Controllable asset types are based on the system data:
Data Type
Description
Maintenance Object
Asset Type (W1-ASSETTYPE)
Business Object(s)
Controllable Asset Type (X1-ControllableAssetType)
Understanding Device Types
Device types define information about a class of controllable devices, including properties that apply to all devices of a given type.
Device types are created from corresponding controllable asset types. When a controllable asset type is created (or updated), a corresponding device type is created (or updated).
Controllable device types are defined by the following:
Controllable Device Business Object: The business object used to create controllable devices of this type.
Device Classification: The general class to which controllable devices of this type belong.
Category: The category to which controllable devices of this type belong.
Service Type: The type of service (such as Electric) associated with controllable devices of this type.
Track Location: Flag that indicates if the location of controllable devices of this type is tracked.
Attached to: Flag that indicates to which type of object (service point or meter) controllable devices of this type are attached.
System Data
Device types associated with controllable asset types are based on the system data:
Data Type
Description
Maintenance Object
Device Type (D1-DEVICETYP)
Business Object(s)
Item Type(D1-ItemType)