Use this activity to enter user-defined base values. A user-defined base value can for example be a taxation value or an insurance value.
Before information on user-defined base value types can be entered, the following must have been completed:
As a result of this activity, information on the base value can be entered in the Object window, the User-defined Base Values tab. A user-defined base value can be used as a calculation base in a depreciation method. However, the conditions under which the user-defined base value lines are created in the Object/User-Defined Base Values Tab window would differ depending on whether the Initiated by Acquisition Value check box has been selected or not.
Condition | System Effect |
The Initiated by Acquisition Value check box is selected | The user-defined base value lines will be automatically created in the Object/User-defined Base Values tab window when an object is activated or when the post imported transactions are completed for a newly created object. The acquisition value would be automatically generated as the base value. |
The Initiated by Acquisition Value check box is cleared. | The user defined base value lines will be automatically created in the Object/User-defined Base Values tab window before the object status is Active. The base value would have to be manually updated. The proposed base value will be zero. |
Use the following procedure to enter information on a user-defined base value type.