Fixed Assets - EBS (MOSC)

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Asset Key Flexfield

working in oracle 12.1.3

step1- at the Asset Key Flexfield, it is 1 segment, so I entered a new value for it AAAAA.

step2- then I navigate to the Setup > Asset System > Asset Keys and added the new value AAAAA there too.

at the Asset Workbench I can see the new value in the List of Values for the Asset Key field.

I just wanted to confirm if those are the normal steps to add a new Asset Key?

If I don't do the step2, then I am not able to see the new AAAAA for the Asset Key list of values at the Asset Workbench

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