Additional Info
Select the Additional Info tab.
- Category Code 21
Specify the 10-digit category code that can be used for any purpose. This code can then be used to selectively extract specific assets from the Item Master.
See User Defined Codes, system 12, code 21 to view or change values for this category code.
- Category Code 22
Specify the 10-digit category code that can be used for any purpose. You can then use this code to selectively extract specific assets from the Asset Master. Use UDC 12/22 to view or change values for this category code.
- Category Code 23
Specify the 10-digit category code that can be used for any purpose. You can then use this code to selectively extract specific assets from the Asset Master. Use UDC 12/23 to view or change values for this category code.
- New or Used
Specify the UDC (H12/NO) that identifies whether an asset is new or used for tax purposes. Values are:
N: The asset is new.
U: The asset is used.
This code is used in computing the ITC limitation on the acquisition of used assets.
- Financing Method
Specify the UDC (12/FM) that indicates how a fixed asset was acquired, for example financed or purchased outright.
- State/Province
Specify the UDC (00/S) that identifies the state or province. This code is usually a postal service abbreviation.
- Tax Entity
Specify the address number of the tax authority to which property taxes are paid.
- Investment Tax Credit
Specify the amount of investment tax credit (ITC) to be considered in depreciation calculations.