This is an old revision of the document!

---

Asset Management > Maintenance > Inventory Maintenance > Book Records

Define how depreciation should be calculated for an item.

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 (SL - Straight Line or ND - No Depreciation).

Depreciation conventions (FM - figures depreciation after the first full month and 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.