Click General ledger> Setup> Fixed assets> Value models.

Create a new value model on the Overviewtab.

Enter a unique identifier in the Value modelfield, and enter a short description of the value model in the Descriptionfield. The identifier must be unique for both the Value modelfield and the Depreciation bookfield.

Select the Posting layer. The default entry for this field is Current, but you also can select Operationsor Tax.

If the model is used for depreciation of the fixed asset, fill in appropriate fields in the Depreciationfield group on the Generaltab.

You can select additional options.

• Allow net book value higher than acquisition costs

• Allow negative net book value

• Calendar

You can attach other, already created, value models to use concurrently with the new value model. On the Derived value modelstab, create a line for each of these value models, select the value model, and then specify the Transaction type.

You can attach other, already created depreciation books to be used concurrently with the new value model in the Derived depreciation bookstab, create a line for each of these depreciation books, select the depreciation book and then specify the Transaction type

To attach the new value model to one or more fixed asset groups, click Fixed asset groups.