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assetmanagement:tables:codetables:propcode

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assetmanagement:tables:codetables:propcode [2018/07/24 18:19] – external edit 127.0.0.1assetmanagement:tables:codetables:propcode [2020/06/18 16:53] (current) emoreno
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 //**Asset Management > Tables > Code Tables > Property Class Code**// //**Asset Management > Tables > Code Tables > Property Class Code**//
  
-<WRAP round intro>This tab is used to create the Property Class Code table, which is used assign a class to a group or type of asset that uses the same depreciation method, recovery period, and convention. This is a user-defined table, so you may enter any property class/description that meets your needs. There are only two depreciation methods available, Straight Line (SL) and No Depreciation (ND) (that is used for land or other assets that do not lose value). SL depreciation only, uses the two conventions available, Full Month (FM) and Half Year (HY).</WRAP>+{{page>general:assetmanagement:tables:codetables:propcode:intro}}
  
  
 ====Set up a property class code:==== ====Set up a property class code:====
  
-Click **+Add** to add a row. +VCV Click **+Add** to add a row. 
  
  
 ^ Field                                        ^ Description    /*Table with two rows*/ ^ Field                                        ^ Description    /*Table with two rows*/
 ^ Property Class Code|Type a user-defined code (e.g., 1, 2, 3, A, B, C) that represents the property class description. The field can be a maximum of ten characters.| ^ Property Class Code|Type a user-defined code (e.g., 1, 2, 3, A, B, C) that represents the property class description. The field can be a maximum of ten characters.|
-^Condition Description Property Class Description|Type a user-defined description (i.e., Real Property, School Buses - 50 seat). The field can be a maximum of 50 characters.|+^Condition Description Property Class Description|Type a user-defined description. The field can be a maximum of 50 characters.|
 ^Deprec Method|{{page>general:am_deprec_method}}| ^Deprec Method|{{page>general:am_deprec_method}}|
-^Recovery Period|Type the number of years required to fully depreciate items for the property class. If assets are to be depreciated using partial years, the months should be converted to a decimal value (e.g., 3 months = .25, 6 months = .50, 9 months = .75).|+^Recovery Period|Type the number of years required to fully depreciate items for the property class.\\  \\  Be sure to verify these years with your auditor to ensure that it matches the way depreciation was previously calculated. If assets are calculated using partial years, then the months should be converted to a decimal value (3 months = .25, 6 months = .50, etc.).|
 ^Convention|Click {{:images:dropdown.gif|Drop-down Arrow}} to select a code. Select FM (Full Month) or HY (Half Year) for items that are coded SL method only.| ^Convention|Click {{:images:dropdown.gif|Drop-down Arrow}} to select a code. Select FM (Full Month) or HY (Half Year) for items that are coded SL method only.|
  
-Click **Save**.+VCV Click **Save**.
  
  
 ====Other functions and features:==== ====Other functions and features:====
  
-^Retrieve |++Retrieve data.|{{page>general:retrieve}}++||  +^Retrieve |{{page>general:retrieve}}|  
-^Print|++Print code data.|{{page>general:print_asset_man_code_tables}}++||  +^Print|{{page>general:print_asset_man_code_tables}}|  
-^{{:images:trash_delete.gif?15|Trashcan Icon}} |++Delete a row.|{{page>general:deletearow}}++||+^{{:images:trash_delete.gif|Trashcan Icon}} |{{page>general:deletearow}}|
  
  
assetmanagement/tables/codetables/propcode.1532456380.txt.gz · Last modified: 2018/07/24 13:19 (external edit)