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Reset Personal Property Values
Reset Personal Property Values
Description of Issue
Personal property values did not reset to $0 after running the initiate bill run.
When I rolled personal property, the assessment did not reset to zero under the values screen.
Context
- Munis
- VA TAX
- Personal Property
- Initiate Bill Run
Cause
The reset valuation box is unchecked on the class code tied to the personal property record.
Resolution
- Navigate to Property Revenues > Property Tax Billing > South > Virginia > Setup > Class Codes
- Search for the Class Code tied to the personal property record
- The Property Type will need to be General
- Click Update, then check the Reset Valuation box
- Click Accept to save changes
Additional Information
, multiple selections available,
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