Adding an asset valuation book
- Select Asset Management > Asset Valuation > Asset Valuation Books > Add Asset Valuation Book.
-
Specify this information:
- Asset Valuation Book
- Specify a unique name for the book.
- Description
- Enter a description of the book.
- Depreciation Date Options
- Select how Infor Public Sector will
calculate depreciation for the book's assets. You can select one of
these options:
- Not Allowed: Depreciations cannot be performed on assets in this book.
- Up to Current Date: Depreciations can be performed up to the current date. Use this option to calculate past depreciation.
- Past Current Date: Depreciations can be performed past the current date. Use this option to calculate future depreciation.
- Past Current Date Before End Of Financial Year: Depreciations can be performed past the current date but only up to the end of the financial year. Use this option to calculate an asset's depreciation for entire year.
- Revaluation Date Options
- Select how Infor Public Sector will
calculate revaluation for the book's assets. You can select one of
these options:
- Not Allowed: Revaluations cannot be performed on assets in the book.
- Up to Current Date: Revaluations can be performed up to the current date. Use this option to calculate past revaluation.
- Past Current Date: Revaluations can be performed past the current date. Use this option to calculate future revaluation.
- Past Current Date Before End Of Financial Year: Revaluations can be performed past the current date but only up to the end of the financial year. Use this option to calculate revaluation for an entire year.
- Prior Periods to Check for Activity
- If you want to include back-dated expenditures and revaluations from previous periods when calculating depreciation, specify the number of prior periods to include.
- Click Save.