Setting Up Retirement Basis Reduction Codes
To set up retirement basis codes, use the Retirement Basis Reduction (TRAN_EXCLUDE_TBL) component.
This topic discusses how to define retirement basis codes.
Page Used to Set Up Retirement Basis Codes
| Page Name | Definition Name | Usage |
|---|---|---|
|
TRAN_EXCLUDE_TBL |
Set up retirement basis reduction codes. |
Retirement Basis Reduction Page
Use the Retirement Basis Reduction page (TRAN_EXCLUDE_TBL) to set up retirement basis reduction codes.
Navigation:
These codes are used when you opt to retire an asset by using its original cost basis adjusted by all non-excluded transactions. In this way, for example, you could exclude any indexed revaluation adjustments.
Note:
For this option to work correctly, any transaction type or types that you want to exclude must have unique transaction codes.