Part of Book Value Field, FA Ledger Entry Table
Specifies that the amount of the entry is part of the asset's book value.
The program is set up so that normally:
Book Value = (Acquisition Cost Entries + Appreciation Entries ) - (Write-Down Entries + Depreciation Entries + Custom 1 Entries + Custom 2 Entries)
You can, however, define book value in a different way in the FA Posting Type Setup window. Note that acquisition cost and depreciation are always part of the asset's book value.
The program determines whether the entry should be a part of the book value when posting the entry according to the information in the Part of Book Value field in the FA Posting Type Setup window.
Tip
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Parent Tables
| Table | Location |
|---|---|
| FA Ledger Entry Table | Fixed Assets |
| FA Ledger Entry Table | Fixed Assets |