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How to Add a new Personal Property Trending Schedule
How to Add a new Personal Property Trending Schedule
Description of Issue
- Is there a way to depreciate assets in personal property.
Context
- Enterprise ERP
- Property Revenue
- Property Tax Billing
- Personal Property
Cause
Instructional
Resolution
- Navigate to Property Revenue > Property Tax Billing > Region > State > Setup > Personal Property Trending Schedules.
- Click Add.
- Enter in a Code for the new Trending Schedule.
- Enter in a Description.
- Enter in the number of Years the Trending Schedule will have.
- For every year, in the Percent Good column, type the percentage of the original value for the age. For example, an item that is one year old would be of a better percentage than an item that is seven years old.
- Click Accept to save.
Additional Information
Please see How to Assign a Personal Property Trending Schedule to a Personal Property Value Record to assign Personal Property Trending Schedules to a Personal Property values record.
Please see How to Add a New Personal Property Item Code to Add a new Personal Property Item Code.