The financial tab holds multiple panels all designed to hold pertinent information pertaining to asset financials. This article will cover all the panels and fields found in the financial tab.
You can visit Asset File Table of Contents to access the full list of articles related to Displayed Vehicle Data in RTA Web here.
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🔓 Denotes fields that are editable within RTA Web by clicking in the field, entering the data, and clicking the check mark |
Financial Information Panel
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The financial information panel is segmented into 4 categories: Purchase Information, Licensing, Insurance, and options. See below for descriptions of each field in this panel.
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Purchase Information
Licensing
Insurance
Options
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Depreciation Panel
You can add multiple depreciation lines as well as add Capitalized Work Orders to depreciation. Any depreciation added will count toward asset fixed costs.
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When entering depreciation for partially depreciated assets, the amount already depreciated does not post to the asset's life costs—in other words, the cost is not retroactive.
Replacement Info Panel
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This panel is driven by data submitted in the asset file via RTA Classic and can be displayed here when input into the asset File via RTA Classicclass code replacement tab. See Class Code Replacement Tab here. There are many ways or methods to calculate when it is time for assets or equipment to be replaced. Including this type of information in the asset file will assist with projections and budgeting and assist with reporting on reliability of the asset. Field Definitions in RTA Web
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