<?xml version="1.0" encoding="utf-8"?>
<ManualTopic ID="/baanerp/tf/onlinemanual/000060" xml:lang="en">
   <Header>
      <Title>Using books</Title>
      <Keyword type="header" order="d1e1943385">
         <Level1>Books</Level1>
         <Level2>assets</Level2>
      </Keyword>
      <Keyword type="header" order="d1e1943390">
         <Level1>Assets</Level1>
         <Level2>books</Level2>
      </Keyword>
   </Header>
   <GeneralSection>
      <Paragraph>You use books to record
		depreciation and other transactional data for your company's assets. When you
		enter an asset into ERP Enterprise,
		you assign one or more books to the asset. You must set up books before you can
		set up the <GUIRef href="/baanerp/tf/fam/tffam0100s000" role="session">FAM Parameter (tffam0100s000)</GUIRef> session for your company.</Paragraph>
      <Paragraph>For each book you
		create, you specify whether assets associated with the book will depreciate or
		not. An asset can depreciate differently in different books, or not depreciate
		at all in a book. You also specify the type of book. There are several types of
		books you can specify.</Paragraph>
      <List>
         <ListIntro>These types of books are used in the United States:</ListIntro>
         <ListItemHead>
            <GUIRef href="/baanerp/tf/domains/fam.btyp#fina" role="option">Financial</GUIRef>
         </ListItemHead>
         <ListItem>Used to record data that
		  is not subject to tax reporting regulations, such as <GUIRef href="/baanerp/tf/gld" role="module">General Ledger</GUIRef> data.</ListItem>
         <ListItemHead>
            <GUIRef href="/baanerp/tf/domains/fam.btyp#fede" role="option">Federal Tax</GUIRef>
         </ListItemHead>
         <ListItem>Used to record data that
		  is subject to federal tax reporting regulations, such as adjusted current
		  earnings or alternative minimum tax. For each federal tax book, you can also
		  specify whether the book records data for alternative minimum tax (AMT)
		  reporting or adjusted current earnings (ACE) tax reporting.</ListItem>
         <ListItemHead>
            <GUIRef href="/baanerp/tf/domains/fam.btyp#othe" role="option">Other Tax</GUIRef>
         </ListItemHead>
         <ListItem>Used to record data that
		  is subject to tax reporting regulations other than federal, such as state tax
		  or insurance replacement.</ListItem>
      </List>
      <List>
         <ListIntro>These types of books are used in countries other than the
		  United States:</ListIntro>
         <ListItemHead>
            <GUIRef href="/baanerp/tf/domains/fam.btyp#comm" role="option">Commercial</GUIRef>
         </ListItemHead>
         <ListItem>Used to record data that
		  is not subject to tax reporting regulations, such as <GUIRef href="/baanerp/tf/gld" role="module">General Ledger</GUIRef> data.</ListItem>
         <ListItemHead>
            <GUIRef href="/baanerp/tf/domains/fam.btyp#calc" role="option">Calculatory</GUIRef>
         </ListItemHead>
         <ListItem>Used for methods of
		  depreciation specific to European requirements, for example, the <GUIRef href="/baanerp/tf/domains/fam.mtyp#annuity" role="option">Annuity</GUIRef> method.</ListItem>
         <ListItemHead>
            <GUIRef href="/baanerp/tf/domains/fam.btyp#spec" role="option">Special</GUIRef>
         </ListItemHead>
         <ListItem>Used for specific
		  depreciation methods (either custom depreciation or excess depreciation) to be
		  posted. The <GUIRef href="/baanerp/tf/domains/fam.btyp#spec" role="option">Special</GUIRef> parameter supplements <GUIRef href="/baanerp/tf/domains/fam.btyp#comm" role="option">Commercial</GUIRef> or <GUIRef href="/baanerp/tf/domains/fam.btyp#stat" role="option">Statutory</GUIRef> depreciation.</ListItem>
         <ListItemHead>
            <GUIRef href="/baanerp/tf/domains/fam.btyp#stat" role="option">Statutory</GUIRef>
         </ListItemHead>
         <ListItem>Allows you to report
		  depreciation for tax reporting purposes for <GUIRef href="/baanerp/tf/domains/fam.btyp#calc" role="option">Calculatory</GUIRef>, <GUIRef href="/baanerp/tf/domains/fam.btyp#comm" role="option">Commercial</GUIRef>, and <GUIRef href="/baanerp/tf/domains/fam.btyp#spec" role="option">Special</GUIRef> book types.</ListItem>
      </List>
   </GeneralSection>
   <RelatedTopics>
      <SectionTitle>Related topics</SectionTitle>
      <RelTopic>
         <Link href="/baanerp/tf/onlinemanual/000053" role="manual">Using default books</Link>
      </RelTopic>
   </RelatedTopics>
</ManualTopic>