Asset Book Inquiry (tffam1111s000)

Use this session to view asset book information for each asset. For more information about an asset and the corresponding asset book, select an asset and select Asset Book Inquiry from the appropriate menu in the Assets (tffam1500m000) session.

Field Information

Asset Number

asset number and asset extension

Description

The description or name of the code.

Asset Extension

asset number and asset extension

Asset Book

book

Description

The description or name of the code.

Property Type

property class

Description

The description or name of the code.

Depreciation Code

depreciation code

Description

The description or name of the code.

Depreciation Frequency

Depreciation frequency for the asset book relationship.

Description

The description or name of the code.

Last Depreciation Date

Last date on which depreciation was run for the asset book.

Shift Factor

shift factor

MACRS Depreciation By

The method which you use to calculate MACRS depreciation.

Depreciate Below Salvage

Indicates whether an asset accounts for salvage value in computing depreciation expense.

Allow Depreciation Posting

If this check box is selected, you allow depreciation posting to take place.

Separate Revaluation Accounting Portugal

If this check box is selected, the revaluation costs and revaluation depreciation amounts of the asset are calculated separately, they are not added to the normal costs and depreciation amounts.

The separate ledger transactions are posted to the General Ledger module.

Text

Indicates whether supplemental text exists for the asset book.

Current Cost

The current cost of the asset in the book.

Current Cost

section 179 value

Original Cost

The original cost of the asset in the book.

Depreciation

The last depreciation amount recorded.

YTD Depreciation

Year-to-date depreciation for the asset in the book.

Accumulated Depreciation

accumulated depreciation

Net Book Value

The asset's current cost minus accumulated depreciation.

Accelerated Depreciation

If this check box is selected, you performed accelerated depreciation on the asset.

Accumulated Accelerated Depreciation

The accelerated depreciation amount.

Salvage Value

The value for a fixed asset no longer needed in business operations.

Section 179 Value

section 179 value

Capitalized Interest

Use to record amounts relating to interest recorded on self-constructed projects.

Current ITC Amount

investment tax credit amount

Allocated Cost

Represents indirect costs incurred in the purchase of an asset.

Asset Life (Years/Periods)

Displays the asset life in years.

Asset Life (YY/MM)

Displays the asset life in months, additional to years.

Asset Life (Units)

Displays the asset life in units.

Remaining Life (Years/Periods)

Displays the asset life remaining in years.

Remain. Life (YY/MM)

Displays the asset life remaining in months, additional to years.

Remaining Life (Units)

Displays the asset life remaining in units.

Count of Suspended Periods

The number of periods for which the asset was not depreciated because you suspended the depreciation in the Mass Suspend Depreciation (tffam1207m000) session.

Note: This field is is not affected by suspended depreciation that you perform using the Suspended Periods (tffam7120m000) session.

Recapture Life (Years/Periods)

Displays the recaption life in years.

Recapt. Life (YY/MM)

Displays the recaption life in months, additional to years.

Remaining Depreciation Life (Years/Periods)

The total remaining depreciation life, expressed as the sum of the remaining asset life and the number of periods in the Count of Suspended Periods field.

Revaluation Index

Represents the index with the set of percentages that revalue the asset book. The index contains a set of percentages for all years of revaluation.

Last Revaluation Year

The previous year for which revaluation has been run for the asset book.

Additional Periodic Posting

If this check box is selected, additional periodic posting is enabled for the asset.

Posting Amount

Displays the additional posting amount.

Depreciation Code

Displays the depreciation code.

Depreciation Code

You can define the number of periods transfer transactions are retained.

Economic Recapture

If this check box is selected, economic recapture is enabled.