Property Types (tffam7180m000)Use this session to add, edit, or delete. You can select for each asset book. This is used for informative purposes only, unless the book is the vintage/group account book and the asset belongs to a vintage/group account. if so, the property type code is required. It must be real or personal and it must match the property type code of the vintage/group account to which the asset belongs. The property code is defined by a property type and a property subtype. The following property types are available:
The following property subtypes are available: For real property:
For personal property:
For amortize:
For public:
For other:
Property Type Code that identifies the Property Type. Description The description or name of the code. Property Type Property type. The following property types are available:
Property Subtype Displays the property subtype. The property subtype allows you
to further classify property types. The following Property Subtypes are available: For real property:
For personal property;
For amortize:
For public:
For others:
The property subtypes are used for tax reports.
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