Low value asset threshold
This parameter is used within the framework of the management of low value assets.
It defines the threshold below which an expense or a financial asset is considered "low value" (LVA: Low Value Asset).
This parameter is the default value used to load the "LVA threshold" field at the current fiscal year level in the accounting and financial depreciation context, when the company is submitted to the German or Austrian legislation and the LVA management type is set to "LVA".
The currency in which the value is expressed is the management currency of the accounting and financial context of the company.
Management terms of low value assets ("LVA" or "Pool" status).
Level of localization / Global variable
This parameter is defined at the level Legislation. It belongs to Chapter AAS (Fixed assets) and the Group FAS (Fixed assets), The following parameters are also associated with this chapter and group :
- AASAUTNUM (Asset numbering)
- CPLDURMIN (Add. asset minimum duration)
- CPLDURPRC (Add. asset % depre dur)
- CPYTAXRUL (Taxation rule)
- CREDIRFAS (Assets: direct creation)
- CREDIRLOF (Expense: direct creation)
- DEFUOM (Default unit)
- DEROENCOUR (Book vs tax on FA in process)
- GCMPMAX (Max no. of component assets)
- IMLNSPNBV (Impair if Market value > NV)
- IMLRVEISS (Disposal: impairment loss reversal)
- LOFAUTNUM (Expense numbering)
- LOFIASAMT (IAS amt entry expense cap)
- LVAMSG (LVA Single message)
- NBEXESTO (Number of FYs to be stored)
- NBEXNOHIS (No. closed FY to be saved)
- POOLIM (Asset pooling threshold)
- PPLAUTNUM (Production plan numbering)
- PRVSITUPD (Previous situation mod)
- SALINV (Sales invoice to generate)
- STKISSACC (Accounting code line index)
- WIPDEP (Free plan WIP depreciation)
No global variable is associated with it.
Linked parameter
The following parameters are linked to the parameter LVALIM :
Fixed assets
LVAMSG (defined at level Legislation) : LVA Single message
This parameter defines whether this exceeded threshold warning message is unique or displayed every time the value is exceeded.
Activity codes
The following activity codes (sorted by type) are associated with the parameter :
FAS : Asset folder