# Creating a New Asset Type

> Source: https://help.getedara.com/en/articles/15993943-creating-a-new-asset-type · Category: Fixed assets › Assets · Last updated: 2026-07-19 · العربية: https://help.getedara.com/ar/articles/15993943-%D8%A5%D9%86%D8%B4%D8%A7%D8%A1-%D9%86%D9%88%D8%B9-%D8%A3%D8%B5%D9%84-%D8%AC%D8%AF%D9%8A%D8%AF

You may need to create a new asset type to group similar fixed assets under a single classification while defining their accounts and default depreciation defaults. These values are then suggested automatically whenever you create a new fixed asset of that type.

## Creating a New Asset Type

1. Go to the "Fixed Assets" module.
2. Open the "Assets" page.
3. Click on " **New** ".
4. Enter the asset type name in the "Type" field.
5. Click on " **Create** ".
6. Select the "Accumulated Depreciation” account.
7. Select the "Asset Account".
8. Select the "Depreciation Expense” account.
9. Enter the "Disposal Gain" account.
10. Enter the "Disposal Loss" account.

> **Note:** These [accounts must be created in the Chart of Accounts](https://help.getedara.com/en/articles/5244462-creating-a-new-account) beforehand, as they are used when calculating depreciation and recording asset disposal transactions according to your accounting setup.

1. Enter the depreciation defaults, if required (Depreciation Method – Depreciation Years – Depreciation Rate).

> **Note:** These values are used as default settings and are suggested automatically when creating a fixed asset of this type. You can modify them for each asset individually if needed.

1. Click on " **Save** ".

![Creating a New Asset Type — Click on "Save".](https://help.getedara.com/images/fixed-assets/15993943/01.en.gif)

> **Notes:**
>
> 1. You can edit an asset type after creating it by clicking on the Edit icon " ", making the required changes, and then clicking on " **Save** ".
> 2. You can delete an asset type by clicking on the " " icon next to the asset type name, then confirming the deletion by clicking on " **OK** ". If the asset type is linked to registered transactions in the system, deletion will not be available.

## Frequently asked questions

**Can I delete an asset type linked to registered transactions?**

You can delete an asset type by clicking on the "" icon next to the asset type name, then confirming the deletion by clicking on "**OK**". If the asset type is linked to registered transactions in the system, deletion will not be available.