You use this program to view the Asset groups currently defined.
Column | Description |
---|---|
Asset group | This indicates the code allocated to the asset group. |
Description | This indicates the description for the group code. |
Book value dep code | This indicates the default book value depreciation code for the asset group. |
Tax dep code | This indicates the default wear and tear depreciation code for the asset group. |
Minimum book value | This indicates the minimum value to which the group of assets may depreciate. |
Minimum tax value | This indicates the minimum value to which each group of assets may depreciate for tax value purposes. |
Alt valuation 1 - 10 | This indicates the minimum value to which each group of assets may depreciate for alternate valuation purposes in each of the Alternate Valuation books. |