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I created an asset named "Home" under Loans. Later i decided to delete the asset from tracking as the same was created just to have some learning. So I deleted the transactions and deleted the asset itself from delete record.
Now when i try to create any asset under any category with the name "Home" it is telling that it is a duplicate asset name.
Since, I have deleted the asset name, the same shall be available to be used again, which actually not. So, when i check the list of asset name, it is not appearing in the list and now allowing me to use that name also.