# Asset Category Setup

Here we are going to set up the asset categories for your business.

{% hint style="info" %}
**Important Note:**

Before adding any assets of your company/business you need to set your categories first.
{% endhint %}

### Steps to set-up asset categories

1. Go to Assets/Asset Management -> Asset Categories -> Add
2. Fill in your asset category name and description
3. Click on save.

Now you can see the category list while adding your assets.

Here are some of the most common examples of asset categories that you can add.

* Antiques
* Art and Collectibles 
* Commodities 
* Electronics 
* Equities (Stocks) 
* Furniture & Fixtures 
* Infrastructure 
* Insurance 
* Jewelry 
* Others 
* Property or land 
* Real Estate 
* Repair Tools 
* Vehicles


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