Book Template
This file stores detailed financial (or book-related) asset creation parameters that are used to process quick asset additions with minimal keying in AM20.1 (Quick Addition) and to create assets and asset books from Accounts Payable and Activity Management interface information.
REFERENCED BY
| AM20.1 | AM21.1 | AM212 |
| FIELD NAME | DESCRIPTION/VALID VALUES | UPDATED BY | ||||
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| BKT-ASSET-TEMPLATE Element: Template | Alpha 10 Key field. A user-defined template identifies general asset creation parameters that you can use to quickly add assets with minimal keying. Using a template lets you default many data items associated with a new asset. You can use a template to process quick asset additions in AM20.1 (Quick Addition) and to create assets and asset books from Accounts Payable and Activity Management interface information. Templates are required if you define new assets as a result of transactions interfaced from the Lawson Activity Management or Accounts Payable systems. |
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| BKT-BOOK Element: Book | Alpha 10 Key field. This is the book for the template. Books are used by assets for calculating depreciation, replacement cost, and insurance values, and for reporting. |
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| BKT-METHOD Element: Method | Alpha 10 This is the method assigned to the template. Methods are used to calculate depreciation, replacement cost, and insurance values. Standard depreciation methods are predefined. Additional methods can be user-defined for the following kinds of methods: compute statements, annual percent tables, and units of production tables. |
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| BKT-LIFE Element: Life | Numeric 4 This is the asset life in months. |
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| BKT-CONVENTION Element: Convention | Alpha 2 This is the convention code assigned to the template. This value determines the amount of depreciation to take in the first and last year. Valid values are: Full Month = The asset receives a full month of depreciation during the month it is placed in service. The asset does not receive any depreciation for the month in which it is disposed of. Modified Half Month = If the asset is placed in service during the first half of the month, it receives one full month of depreciation for its first month. In this case, it receives no depreciation for the month in which it is disposed of. If the asset is placed in service during the last half of the month, depreciation calculations begin the following month. In this case, the asset receives a full month during the month in which it is disposed of. Mid Month = The asset receives one-half of one months depreciation for the month in which it is placed in service, and one-half of one months depreciation for the month in which it is disposed of. Next Month = The asset receives one full month of depreciation in the month after it is placed in service and one full month of depreciation in the month it is disposed of. Full Year = The asset receives a full year's depreciation the year it is placed in service and no depreciation the year it is disposed of. Half Year = The asset receives one half of a years depreciation for the first year and the year it is disposed of. Modified Half Year = If the asset is in service before the middle of the year, it receives a full years depreciation during its first year, and no depreciation during the year it is disposed of. If the asset is placed in service after the midpoint of the year, depreciation begins the following year, and the asset receives a full years depreciation during the year it is disposed of. Mid Quarter = The asset receives one-half of one quarters depreciation for the quarter in which it is placed in service, and one-half of one quarters depreciation for the quarter in which it is disposed of. Actual Days = The asset receives depreciation for each day it is in service during the fiscal year, beginning with the in-service date. FM = Full Month HM = Modified Half Month AD = Actual Days HY = Half Year MY = Modified Half Year MQ = Mid Quarter MM = Mid Month FY = Full Year NM = Next Month |
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| BKT-PERSONAL-USE Element: Personal Use | Alpha 10 This is the personal use code assigned to the template. A personal use code defines the personal use options that asset books use to calculate depreciation, tax credits, and annual depreciation limits up to twenty years. |
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| BKT-SALV-PERCENT Element: Salvage Percent | Signed 5.2 This is the salvage value reduction percentage assigned to the template. The salvage value of the asset is reduced by this percentage of the asset cost when depreciation is calculated for the asset. |
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| BKT-BUS-PERCENT Element: Business Percent | Signed 5.2 The business percent usage of the asset. If this value is less than 100 percent, the value is used in depreciation calculations. |
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| BKT-TC-TABLE Element: Tax Credit Table | Alpha 10 The tax credit table assigned to the template. A tax credit table defines tax credit percentages and annual tax credit recapture percentages for up to twenty years. Asset books use tax credit tables to calculate tax credits. |
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| BKT-BOOK-STATUS Element: Book Status | Alpha 1 This field identifies whether the book is active or inactive. A = Active I = Inactive |
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| BKT-LIFE-YEARS Element: Life Years | Signed 5.2 The total life value of an asset, expressed in years. If this field is left blank, the system calculates this value by dividing the Life value by 12. |
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| BKT-INS-METHOD Element: Insurance Method | Alpha 10 The method used to calculate the insurance value of the asset. This must be a valid insurance type method in the Method file. |
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| BKT-RPL-METHOD Element: Replacement Method | Alpha 10 The method used to calculate the replacement cost of the asset. This must be a valid replacement type method in the Method file. |
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| BKT-BOOK-CURRENCY Element: Book Currency | Derived The currency assigned to the book. |
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| BKT-ATM-DESC Element: Template Description | Derived This is the description of the template. |
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| NAME | KEY FIELDS | DESCRIPTION / SUBSET CONDITION | USED IN | ||||||
|---|---|---|---|---|---|---|---|---|---|
| BKTSET1 |
ASSET-TEMPLATE BOOK |
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| RELATION NAME |
RELATED FILE | INTEGRITY RULES / FIELD MATCH | |||
|---|---|---|---|---|---|
| Ambook | AMBOOK |
Required
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| Amtemplate | AMTEMPLATE |
Not Required
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