| # Policy and Book Value of Insured Fixed Assets (tffam1561m000) Use this session to display policy and book values of assets and other information specified in the Insurance Master Data (tffam1560m000) session. Fiscal Year Displays the year you specify in the Get Year and Period (tffam1261s000) session. Home Currency Displays the home currency. Fiscal Period Displays the fiscal period you specify in the Get Year and Period (tffam1261s000) session. Policy Displays the insurance policy that you specify in the Insurance Master Data (tffam1560m000) session. Policy Displays the description for the Insurance Policy. Insurance Agent Displays the Insurance Agent that you specify in the Insurance Master Data (tffam1560m000) session. Insurance Agent Displays the description for the Insurance Agent. Asset Number The asset number and asset extension create a unique identifier for the asset in the selected company. Extension The asset number and asset extension create a unique identifier for the asset in the selected company. Book Code Identifies the book associated with the asset. Book codes permit you to define the books used by assets to record transactional data. Each asset must have at least one asset-book relationship. Current Cost Displays the current cost for the asset. Net Book Value The value of an asset calculated by subtracting accumulated depreciation from its current cost, as stored on the asset's related book(s). Net book value changes for each asset's related books when depreciation is calculated and updated, or when an adjustment is made to either cost or accumulated depreciation. If the book type is Federal Tax, the Section 179 value is also subtracted from the above calculation. Sum Insured The amount for which the asset is insured. Sum Insured Casco The insured casco value of the asset. Premium The periodic rate an organization pays for insurance. |