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.