Interest on Replacement Value Window

Follow the guidelines provided below to complete the fields on the Interest on Replacement Value window.

Items in this window

Item	Notes
Group	Use this field to select the group of assets on which you want to run the report.
Interest Options	Use the options in this field to specify how you want the system to calculate interest.
Calculate Interest Through	Enter the date through which you want the system to calculate interest in MM/YYYY format. The report includes only those assets for which you have calculated depreciation (using the Depreciate command on the Depreciation menu) at least once during the fiscal year on which you want to report.
Interest Rate to Apply	Enter the interest rate in XXX.XXX format. (For example, to enter an interest rate of 5.04%, enter 5.04 in this field.)
Portion of RV	Enter the percentage of the Replacement Value on which you want to calculate interest. You can calculate interest on 100 percent of the Replacement Value or on some portion of it.
Calculate Interest on Replacement Value	Select this option button if you want the system to calculate interest on the Replacement Value. If you select this option, you must specify the portion of the Replacement Value that you want the system to use. Enter the portion in XXX.XX (decimal) format. For example, if you want the system to calculate interest on fifty percent of the Replacement Value, enter 50 in this field.
Calculate Interest on Acquisition Value	Select this option button if you want the system to calculate interest on the Acquired Value. If you select this option, you must specify the depreciation book that you want the system to use to obtain the Acquisition Value.
Book	Select the depreciation book that you want the system to use to obtain the Acquisition Value.
Configuration	The options in this field allow you to specify what you want included in the report.
Detail, Subtotals and Totals	Select this option button if you want the report to print details about every asset included in the report in addition to subtotals and the grand total. The report will also show a count of the number of assets included in each subtotal and in the grand total. Select this option button to show individual assets.
Subtotals and Totals	Select this option button if you want the report to print only subtotals and the grand total. The report omits details about every asset included in the report.
Extended Asset Description	Select this check box if you want the report to include the full asset description rather than the truncated version usually used for reports. The asset’s full description prints on a line below the asset’s other information. Selecting this check box doubles the size of your report.
Optional Descriptive Field	Use this field to select an optional field that you want to appear on the report. Generally, this field contains the G/L account number for recording interest expense on Replacement Value.
Send To	The options in this field allow you to specify where you want the system to send the report.
Window	Select this check box if you want the system to display the report in the report viewer on your computer’s screen. After viewing the report, you can still print the report from the report viewer.
Printer	Select this check box if you want the system to send the report to the default printer.