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4. Book records:

• Enter a new book.
• Change an existing book.
• Delete a book.
• Used for capital assets only (inventory type = C).
• Allows users to define how a depreciation should be calculated for an item:
  • Property class.
  • Depreciation method.
  • Recovery period.
  • Depreciation amount.

● Currently only one book type is used (GP - Generally Accepted Accounting Procedures).

● Depreciation methods are:

□ SL - Straight Line. □ ND - No Depreciation. ● Depreciation conventions are:

□ FM - figures depreciation after the first full month. □ HY - figures depreciation after the first half year. ● Unallocated funds flag assets that cannot be allocated to a specific budget code. The system does not search for depreciation distribution account codes, and it is reported in the unallocated depreciation line of the financial statements.