Fixed Asset Betterment Inquiry (2 of 2) (FBT2)

The Fixed Asset Betterment Inquiry (2 of 2) (FBT2) displays one entry for each fixed asset and one entry for each betterment to the asset. This window stores the equity distribution for the original asset or the betterment.

Information on this window is added and modified by the Fixed Assets Document Processors. The depreciated amounts are updated by the Depreciation process. A disposed asset's betterments are deleted by the Disposition Purge process.

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Fixed Asset Type

Key field. Enter the fixed asset type of the fixed asset that is disposed.

Fixed Asset Number

Key field. Enter the fixed asset number of the fixed asset that is disposed.

Betterment Number

Key field. If it is a betterment disposal, enter a valid number between 01 and 99 . If it is an asset disposal, leave this field blank.

Equity Account

The balance sheet account credited with the investment in fixed assets for this asset or betterment is displayed.

Betterment Value

The dollar value of the investment for this equity account in the original asset or betterment is displayed.

Accumulated Depreciation

The accumulated depreciation for this equity account of the original asset or betterment is displayed.

Totals

Total of both betterment value and accumulated depreciation for all equity accounts of the original asset or betterment is displayed.