Hardware type
Is there a way to change hardware type of a device?
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Yep, hover over it on the Asset Detail page and an edit icon will appear where you can then select from the dropdown:

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Solution
Yep, hover over it on the Asset Detail page and an edit icon will appear where you can then select from the dropdown:

Is there a way to add a dynamic qty based on hardware type rather than Asset tag? (in Contracts for billing purposes)
we have some clients that have VM-servers that we dont bill for. But they get the Asset Tag of Server, because well technically they are servers.
Not at this stage but there might be a different approach. 'Windows Server' as a tag is based on the OS type so that's why those VMs are showign up. Do you only bill for the actual physical server running the hypervisor? (HyperV, ESXi etc.)
not always. Depends on the client. We have some that are Hosted Azure instances.