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Value Type

Value Type represents the type of data associated with a specification field in an asset configuration. It defines the specific format or input type - such as text, numbers, or toggles - for the specification of value to ensure data remains consistent and manageable.

1 min read·Updated September 2026

Definition

Value Type represents the type of data associated with a specification field in an asset configuration. It defines the specific format or input type - such as text, numbers, or toggles - for the specification of value to ensure data remains consistent and manageable.

Key Details

Tax codes are essential for ensuring accurate financial calculations, maintaining compliance with local tax regulations, and providing clear financial reporting. 

  • System Category: This term falls under the Specification – General (Summary) section of the software. 
  • Available Formats: The system provides several input options, including Decimal Number for measurements, Pick List for fixed choices, Text for descriptive labels, Whole Number for counts, and Yes | No for binary responses. 

Use Case Example

In practice

If you are adding a specification for “Asset Color,” you will select Pick List as the Value Type and provide predefined options like Red, Blue, and Green. Alternatively, for a specification like “Is it under warranty?”, you would choose the Yes | No format to give the user a simple binary choice during asset setup. 

Think of it as the “format gatekeeper” for your data – it makes sure you don’t accidentally type “Heavy” into a field meant for a numeric weight! 

PREXA365 modules behind this term

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