Asset Account Type (Field FLCHCD) that appears on the Data Selection area of User Define Depreciatio

Q. What is the Asset Account Type (Field FLCHCD) that appears on the Data Selection area of User Define Depreciation Program (P12855)?

A. The Asset Account Type normally known as Balance Character Code is (data item CHCD) is an alphanumeric one-character field in the Asset Account Balances table (F1202) and is used to identify record type on the F1202 file where each record should be stamped with a CHCD value.   They are:

   1 = Cost

     2 = Accumulated Depreciation

     3 = Secondary Accumulated Depreciation

     4 = Depreciation Expense

     5 = Depreciation Expense - Secondary

     6 = Depreciation Expense - Tertiary

     7 = Net Book Value - Disposal

     8 = Disposal Clearing

     9 = Disposal Proceeds

    A = Revaluation Cost Offset*