Asset indicator
Included on all ledger transactions that post to an asset in the Fixed Assets Register.
It determines whether the transaction values are used to update the gross or depreciation value for the asset.
In a multi-currency environment, the same indicator is used for all currency values on the transaction.
Note: Do not use the indicator with assets
using the Table Depreciation method.
| Asset indicator | Description |
|---|---|
| Unused | no asset details are updated for the ledger entry |
| Asset value | the transaction amount(s) update the gross value(s) of the asset |
| Depreciation | the transaction amount(s) update the accumulated depreciation value(s) for the asset |
| Initial | treats the transaction as though the posting is made to the start depreciation period set in Asset Records (FAS), regardless of the current period in Ledger Entry. Subsequently, Depreciation Calculation works out the depreciation due from the start period to the current period. This is compared with any depreciation accumulated so far. If you are using depreciation tables you must use this indicator. |