The Policy information at the Agency Level includes the following:
Description |
Descriptive text that describes the policy in more detail. |
Condition Threshold |
The condition value that indicates an asset needs to be replaced. The default value is 2.5 |
Depreciation Calculator |
The method used to calculate the depreciated (book) value of assets. Options include Straight Line Depreciation (the default) and Declining Balance. |
Depreciation Interval |
The interval used to update the depreciated (book) value of assets. Options include Annual (default), Quarterly, and Monthly. |