Salvage Value

The salvage value is the residual value of a fixed asset when it can no longer be used.

You can post the salvage value from a purchase invoice or an FA journal, either at the same time as you post the acquisition cost, or from an FA journal later on.

Indexation

Indexation is used to adjust values for general price-level changes. The Index Fixed Assets batch job can be used to change the salvage value.

Related Topics

Fixed Asset Overview

Posting Salvage Values from Invoices

Filling In and Posting FA G/L Journals

Posting Salvage Values from FA Journals

Filling In and Posting FA Journals

Viewing Salvage Values

Indexation of Fixed Assets