<?xml version="1.0" encoding="utf-8"?>
<Session ID="/baanerp/tf/fam/tffam7170s000" xml:lang="en">
	<Header>
		<Title xmlns:ssa="http://www.ssaglobal.com" xmlns:HTML="http://www.w3.org/TR/REC-html40">Vintage/Group Account (tffam7170s000)</Title>
	</Header>
	<HelpTopic><AimSection><Paragraph>Use this session to maintain the <Link href="/baanerp/tf/glossary/glossary#000148" role="glossary">vintage</Link>/group accounts used to track and maximize the tax deduction for assets subject to <Link href="/baanerp/tf/glossary/glossary#000115" role="glossary">ADR</Link> and <Link href="/baanerp/tf/glossary/glossary#000139" role="glossary">MACRS</Link> group <Link href="/baanerp/tf/glossary/glossary#000129" role="glossary">depreciation</Link>. Assets in a vintage or group account are depreciated as a group, and are subject to different <Link href="/baanerp/tf/glossary/glossary#000119" role="glossary">disposal</Link> rules than assets that are not part of these accounts. All assets associated with the same accounts must share the same parameters because they depreciate together.</Paragraph>
		</AimSection>
		<GeneralSection><Paragraph>In order to add a vintage or group account to the <Link href="/baanerp/tf/onlinemanual/tffam" role="module">Fixed Assets (FAM)</Link> module, you must have first set up an ADR book in <Link href="/baanerp/tf/fam/tffam0110m000" role="session">Default Book (tffam0110m000)</Link> because only the ADR book is depreciated. You cannot delete or modify a vintage or group account that is associated with an asset.</Paragraph>
		</GeneralSection>
		<RelatedTopics><SectionTitle>Related topics</SectionTitle>
			<RelTopic><Link href="/baanerp/tf/onlinemanual/000071" role="manual">Using Vintage/Group Accounts</Link>
			</RelTopic>
			<RelTopic><Link href="/baanerp/tf/onlinemanual/000072" role="manual">Using Vintage/Group Account Transactions</Link>
			</RelTopic>
		</RelatedTopics>
	</HelpTopic>
	<Fields><FieldHelp ID="tffam770.vint"><Header>
				<Title xmlns:ssa="http://www.ssaglobal.com" xmlns:HTML="http://www.w3.org/TR/REC-html40">Vintage/Group Account</Title>
			</Header>
			<FuncDesc>A unique identifier for the <Link href="/baanerp/tf/glossary/glossary#000148" role="glossary">vintage/group account</Link>.</FuncDesc>
		</FieldHelp>
		<FieldHelp ID="tffam770.desc"><Header>
				<Title xmlns:ssa="http://www.ssaglobal.com" xmlns:HTML="http://www.w3.org/TR/REC-html40">Description</Title>
			</Header>
			<FuncDesc>The description or name of the code.</FuncDesc>
		</FieldHelp>
		<FieldHelp ID="tffam770.year"><Header>
				<Title xmlns:ssa="http://www.ssaglobal.com" xmlns:HTML="http://www.w3.org/TR/REC-html40">Year of Service</Title>
			</Header>
			<FuncDesc>Year of service for the <Link href="/baanerp/tf/glossary/glossary#000148" role="glossary">vintage/group account</Link> and its assets.</FuncDesc>
		</FieldHelp>
		<FieldHelp ID="tffam770.adrt"><Header>
				<Title xmlns:ssa="http://www.ssaglobal.com" xmlns:HTML="http://www.w3.org/TR/REC-html40">Account Type</Title>
			</Header>
			<FuncDesc>Indicates whether the account can be used to track <Link href="/baanerp/tf/glossary/glossary#000115" role="glossary">ADR</Link> Vintage Account assets or <Link href="/baanerp/tf/glossary/glossary#000139" role="glossary">MACRS</Link> group assets.</FuncDesc>
		</FieldHelp>
		<FieldHelp ID="tffam770.prop"><Header>
				<Title xmlns:ssa="http://www.ssaglobal.com" xmlns:HTML="http://www.w3.org/TR/REC-html40">Property Class</Title>
			</Header>
			<FuncDesc>Indicates whether the <Link href="/baanerp/tf/glossary/glossary#000148" role="glossary">vintage/group account</Link> can contain assets with real or personal property type classes. The asset <Link href="/baanerp/tf/glossary/glossary#000165" role="glossary">property type</Link> must match the type specified for the account.</FuncDesc>
		</FieldHelp>
		<FieldHelp ID="tffam770.newu"><Header>
				<Title xmlns:ssa="http://www.ssaglobal.com" xmlns:HTML="http://www.w3.org/TR/REC-html40">New</Title>
			</Header>
			<FuncDesc>If this check box is selected, the <Link href="/baanerp/tf/glossary/glossary#000148" role="glossary">vintage/group account</Link> contains new assets. You can only add assets to the vintage or group account that have the same setting, New or Used, as the account.</FuncDesc>
		</FieldHelp>
		<FieldHelp ID="tffam770.acls"><Header>
				<Title xmlns:ssa="http://www.ssaglobal.com" xmlns:HTML="http://www.w3.org/TR/REC-html40">Asset Class</Title>
			</Header>
			<FuncDesc>Indicates the tax code class for the assets in the <Link href="/baanerp/tf/glossary/glossary#000148" role="glossary">vintage/group account</Link>. The class determines the available life range for <Link href="/baanerp/tf/glossary/glossary#000115" role="glossary">ADR</Link> assets or the actual life for <Link href="/baanerp/tf/glossary/glossary#000139" role="glossary">MACRS</Link> group assets. The life set in the ADR book must be the same as the account for all assets in that account.</FuncDesc>
		</FieldHelp>
		<FieldHelp ID="tffam135.desc"><Header>
				<Title xmlns:ssa="http://www.ssaglobal.com" xmlns:HTML="http://www.w3.org/TR/REC-html40">Asset Class</Title>
			</Header>
			<FuncDesc>The description or name of the code.</FuncDesc>
		</FieldHelp>
		<FieldHelp ID="tffam135.ulif"><Header>
				<Title xmlns:ssa="http://www.ssaglobal.com" xmlns:HTML="http://www.w3.org/TR/REC-html40">Dummy Label</Title>
			</Header>
			<FuncDesc>The Upper Life is the maximum number of years the <Link href="/baanerp/tf/glossary/glossary#000115" role="glossary">ADR</Link> Vintage Account asset can depreciate. The upper class life is typically 20% higher than the class midpoint. It is available only for vintage accounts with an account type of ADR.</FuncDesc>
			<SimpleSection><Paragraph>The Class Life is available only for group accounts with an account type of MACRS.</Paragraph>
			</SimpleSection>
		</FieldHelp>
		<FieldHelp ID="tffam135.mlif"><Header>
				<Title xmlns:ssa="http://www.ssaglobal.com" xmlns:HTML="http://www.w3.org/TR/REC-html40">Dummy Label</Title>
			</Header>
			<FuncDesc>Midpoint Life is the point from which the federal tax lower and upper class lives are measured. It is available only for <Link href="/baanerp/tf/glossary/glossary#000148" role="glossary">vintage accounts</Link> with an account type of ADR.</FuncDesc>
			<SimpleSection><Paragraph>The General Depreciation Life (Gen. Deprec Life) is the number of years the assets in the <Link href="/baanerp/tf/glossary/glossary#000139" role="glossary">MACRS</Link> group account can depreciate using the standard <Link href="/baanerp/tf/glossary/glossary#000130" role="glossary">depreciation expense</Link> allowed by IRS Federal tax - U.S. regulations. It is available only for group accounts with an account type of MACRS.</Paragraph>
			</SimpleSection>
		</FieldHelp>
		<FieldHelp ID="tffam135.llif"><Header>
				<Title xmlns:ssa="http://www.ssaglobal.com" xmlns:HTML="http://www.w3.org/TR/REC-html40">Dummy Label</Title>
			</Header>
			<FuncDesc>Lower life is the minimum life for <Link href="/baanerp/tf/glossary/glossary#000115" role="glossary">ADR</Link> Vintage Account assets. The lower class life is typically 20% lower than the class midpoint. It is available only for <Link href="/baanerp/tf/glossary/glossary#000148" role="glossary">vintage</Link> accounts with an account type of ADR.</FuncDesc>
			<SimpleSection><Paragraph>The Alternative Depreciation Life (Alt. Deprec Life) is the number of years you can depreciate the assets in the <Link href="/baanerp/tf/glossary/glossary#000139" role="glossary">MACRS</Link> group accounts by using the alternate methods of depreciation (such as Alternate Minimum Tax preference calculation). This is required for some United States IRS Federal tax regulations, and is available only for group accounts with an account type of MACRS.</Paragraph>
			</SimpleSection>
		</FieldHelp>
		<FieldHelp ID="tffam770.life"><Header>
				<Title xmlns:ssa="http://www.ssaglobal.com" xmlns:HTML="http://www.w3.org/TR/REC-html40">Life (in months)</Title>
			</Header>
			<FuncDesc>Life for the <Link href="/baanerp/tf/glossary/glossary#000148" role="glossary">vintage/group account</Link> and all assets it contains. The system prevents you from adding an asset to the vintage/group account if it does not match the <Link href="/baanerp/tf/glossary/glossary#000161" role="glossary">life</Link> specified for the account.</FuncDesc>
		</FieldHelp>
		<FieldHelp ID="tffam770.meth"><Header>
				<Title xmlns:ssa="http://www.ssaglobal.com" xmlns:HTML="http://www.w3.org/TR/REC-html40">Depreciation Code</Title>
			</Header>
			<FuncDesc><Link href="/baanerp/tf/glossary/glossary#DeprecMethod.tf" role="glossary">depreciation method</Link>
			</FuncDesc>
		</FieldHelp>
		<FieldHelp ID="tffam710.desc"><Header>
				<Title xmlns:ssa="http://www.ssaglobal.com" xmlns:HTML="http://www.w3.org/TR/REC-html40">Depreciation Code</Title>
			</Header>
			<FuncDesc>The description or name of the code.</FuncDesc>
		</FieldHelp>
		<FieldHelp ID="tffam770.freq"><Header>
				<Title xmlns:ssa="http://www.ssaglobal.com" xmlns:HTML="http://www.w3.org/TR/REC-html40">Depreciation Frequency</Title>
			</Header>
			<FuncDesc>Indicates the new <Link href="/baanerp/tf/glossary/glossary#000103" role="glossary">depreciation frequency</Link> for the selected account. Depreciation frequencies identify when depreciation must be run and recorded for assets and their related <Link href="/baanerp/tf/glossary/glossary#000122" role="glossary">books</Link>. This is editable only in the first year of a <Link href="/baanerp/tf/glossary/glossary#000148" role="glossary">vintage/group account</Link>.</FuncDesc>
			<DefaultValue><SectionTitle>Default value</SectionTitle>
				<Paragraph>The current depreciation frequency for the selected account.</Paragraph>
			</DefaultValue>
		</FieldHelp>
		<FieldHelp ID="tffam700.desc"><Header>
				<Title xmlns:ssa="http://www.ssaglobal.com" xmlns:HTML="http://www.w3.org/TR/REC-html40">Depreciation Frequency</Title>
			</Header>
			<FuncDesc>The description or name of the code.</FuncDesc>
		</FieldHelp>
		<FieldHelp ID="tffam770.bslv"><Header>
				<Title xmlns:ssa="http://www.ssaglobal.com" xmlns:HTML="http://www.w3.org/TR/REC-html40">Deprec Below Salvage</Title>
			</Header>
			<FuncDesc>Indicates whether the <Link href="/baanerp/tf/glossary/glossary#000148" role="glossary">vintage/group account</Link> can depreciate below its <Link href="/baanerp/tf/glossary/glossary#000168" role="glossary">salvage value</Link>. If this check box is selected,, the vintage or group account can depreciate below its total salvage value. You can only add assets to the vintage or group account if they have the same setting for the Depreciate Below Salvage check box as the account.</FuncDesc>
		</FieldHelp>
		<FieldHelp ID="tffam770.cost"><Header>
				<Title xmlns:ssa="http://www.ssaglobal.com" xmlns:HTML="http://www.w3.org/TR/REC-html40">Current Cost</Title>
			</Header>
			<FuncDesc>Current cost of the <Link href="/baanerp/tf/glossary/glossary#000148" role="glossary">vintage/group</Link> account's assets in their <Link href="/baanerp/tf/glossary/glossary#000115" role="glossary">ADR</Link> or <Link href="/baanerp/tf/glossary/glossary#000139" role="glossary">MACRS</Link> group books. When you add an asset to the vintage or group account, SSA ERP adds its cost to the account total. If you remove an asset from the account, SSA ERP removes its cost from the account total. The cost is added to the vintage account total when an asset is <Link href="/baanerp/tf/glossary/glossary#000118" role="glossary">capitalized</Link>.</FuncDesc>
			<Note><SectionTitle>Note</SectionTitle>
				<Paragraph>Certain restrictions are imposed by the IRS governing the removal of assets from vintage and group accounts. You must consider these restrictions when removing assets from vintage or group accounts. For more information, see your federal tax depreciation guidelines.</Paragraph>
			</Note>
		</FieldHelp>
		<FieldHelp ID="form.hcur"><Header>
				<Title xmlns:ssa="http://www.ssaglobal.com" xmlns:HTML="http://www.w3.org/TR/REC-html40">Current Cost</Title>
			</Header>
			<FuncDesc><Link href="/baanerp/tc/glossary/glossary#000064" role="glossary">home currency</Link>
			</FuncDesc>
			<SimpleSection><Paragraph>From the Tools menu, choose Rotate Currency to switch home currencies.</Paragraph>
			</SimpleSection>
		</FieldHelp>
		<FieldHelp ID="tffam770.salv"><Header>
				<Title xmlns:ssa="http://www.ssaglobal.com" xmlns:HTML="http://www.w3.org/TR/REC-html40">Salvage Value</Title>
			</Header>
			<FuncDesc>The <Link href="/baanerp/tf/glossary/glossary#000168" role="glossary">salvage value</Link> of the vintage/group account.</FuncDesc>
		</FieldHelp>
		<FieldHelp ID="tffam770.last"><Header>
				<Title xmlns:ssa="http://www.ssaglobal.com" xmlns:HTML="http://www.w3.org/TR/REC-html40">Last Depr. Date</Title>
			</Header>
			<FuncDesc>End date of the last period on which <Link href="/baanerp/tf/glossary/glossary#000129" role="glossary">depreciation</Link> was run for the <Link href="/baanerp/tf/glossary/glossary#000148" role="glossary">vintage/group account</Link> in the selected <Link href="/baanerp/tf/glossary/glossary#000122" role="glossary">book</Link>. SSA ERP resets the last depreciation date each time you calculate depreciation for the account and book.</FuncDesc>
		</FieldHelp>
		<FieldHelp ID="tffam770.ltdd"><Header>
				<Title xmlns:ssa="http://www.ssaglobal.com" xmlns:HTML="http://www.w3.org/TR/REC-html40">Accum.Deprec.</Title>
			</Header>
			<FuncDesc>Total <Link href="/baanerp/tf/glossary/glossary#000117" role="glossary">depreciation accumulated</Link> for the <Link href="/baanerp/tf/glossary/glossary#000148" role="glossary">vintage/group</Link> account's assets in their <Link href="/baanerp/tf/glossary/glossary#000115" role="glossary">ADR</Link> or <Link href="/baanerp/tf/glossary/glossary#000139" role="glossary">MACRS</Link> group books since the assets went into service. When you add an asset to the vintage or group account, the system adds its accumulated depreciation to the account total when <Link href="/baanerp/tf/glossary/glossary#000117" role="glossary">capitalized</Link>. If you remove an asset from the account, its depreciation is removed from the account total.</FuncDesc>
			<Note><SectionTitle>Note</SectionTitle>
				<Paragraph>Certain restrictions are imposed by the IRS governing the removal of assets from vintage and group accounts. You must consider these when removing assets from vintage or group accounts. For more information, see your federal tax depreciation guidelines.</Paragraph>
			</Note>
		</FieldHelp>
		<FieldHelp ID="tffam770.ytdd"><Header>
				<Title xmlns:ssa="http://www.ssaglobal.com" xmlns:HTML="http://www.w3.org/TR/REC-html40">YTD Depreciation</Title>
			</Header>
			<FuncDesc>Total <Link href="/baanerp/tf/glossary/glossary#DeprecMethod.tf" role="glossary">depreciation accumulated</Link> for the <Link href="/baanerp/tf/glossary/glossary#000148" role="glossary">vintage/group</Link> account's assets in their <Link href="/baanerp/tf/glossary/glossary#000115" role="glossary">ADR</Link> or <Link href="/baanerp/tf/glossary/glossary#000139" role="glossary">MACRS</Link> group books since the beginning of the current fiscal year. When you add an asset to the vintage or group account, SSA ERP adds its year-to-date depreciation to the account total. When you remove an asset from the account, its depreciation is removed from the account total.</FuncDesc>
			<Note><SectionTitle>Note</SectionTitle>
				<Paragraph>Certain restrictions are imposed by the IRS governing the removal of assets from vintage and group accounts. You must consider these when removing assets from vintage or group accounts. For more information, see your federal tax depreciation guidelines.</Paragraph>
			</Note>
		</FieldHelp>
	</Fields>
</Session>
