This documentation applies to the 8.1 version of Asset Management, which is in "End of Version Support." You will not be able to leave comments.

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Specifying tax-related values other than depreciation

In addition to depreciation, you can track other tax\-related values for assets. For CI records, you can provide information about tax credits, book value, and market value.

To specify tax-related values other than depreciation

  1. Open a CI, as described in Using search.
  2. Click the Financials tab.
  3. In the Accounting Information area, complete the following optional fields:

    Field nameDescription
    Tax CreditIf you have donated this asset, specify the tax credit amount.
    Market ValueSpecify the fair market value for this asset. This is the price at which an item can be sold by a willing seller to a willing buyer, neither of whom are under any pressure to buy or sell.
    Book Value
    Specify the book value (subtracted from the accumulated depreciation from the purchase cost) for this asset.
  4. In the CI record, click Save.

This version of the documentation is no longer supported. However, the documentation is available for your convenience. You will not be able to leave comments.

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