Salvage Value Field, Gen. Journal Line Table

Specifies a salvage value, if you have selected the Acquisition option in the FA Posting Type field. In this case, enter the salvage value for the fixed asset in the field.

The salvage value must normally be entered as a negative amount.

Entering a salvage value at the same time as the acquisition cost is especially important if you also enter a check mark in the Depr. Acquisition Cost field. In this case, the depreciation basis will be: Acquisition Cost minus Salvage Value.

Tip

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Parent Tables

Table Location
Gen. Journal Line Table General Ledger
Posting No. Series Field, Gen. Journal Line Table General Ledger
Posting No. Series Field, Gen. Journal Line Table General Ledger
Posting No. Series Field, Gen. Journal Line Table General Ledger
Gen. Journal Line Table General Ledger
Posting No. Series Field, Gen. Journal Line Table General Ledger

See Also

Reference

General Journal

Other Resources

Work with General Journals