Dear Expert,

Can you tell me where i can define fixed asset salvage value percentage.

please do the needful.

with Regards
Surender Singh

Though I'm very new to Finance Module of LN... Out of curiosity about what Salvage Value means, I found the following information-
1. There is a field "Salvage Value" in session Asset Books (tffam1510m000); Here you can specify the amount that is expected to be recaptured when a fixed asset is disposed at the end of its useful life.
2. You can link the "Depreciation Code" also in this session to specify which Depreciation Method, LN should use for a particular Asset.

Dear Sir,

Thanks for reply.

But suppose we have thousand of asset so it is so hectic to maintain salvage value to each asset.

Actually i want defined the percentage ya formula in depreciation method & it is calculate the salvage value automatically according to percentage.

Is it possible ya not.? if it is possible so please tell me how.