Field help (LVATYP)

This field is displayed only in the accounting and fiscal context of companies that are submitted to the German or Austrian legislation.
It is used to define, for each of the current and future fiscal years, the required type of LVA (Low Value Asset) management:

• None: the assets are managed "normally".
  
• LVA: the "LVA" management type applies to assets and expenses whose value is lower than the threshold defined in the next field.
  
• Pool: the "Pool" management type applies to expenses whose amount is lower than the threshold defined in the next field.
  This choice of management is possible only for companies that are submitted to the German legislation.

The choice of management type can no longer be modified if the assets, associated with the management type initially chosen, already exist in the fiscal year being considered.
When closing the current fiscal year, the choice of management type is automatically transferred to the new current fiscal year and the following fiscal years, if this information was not entered.

Management terms of low value assets ("LVA" or "Pool" status).