General parameters > Chapter Fixed assets > Parameter LVALIM (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.

SEEREFERTTOManagement 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 :

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.

Functions concerned

Activity codes

The following activity codes (sorted by type) are associated with the parameter :

 FAS : Asset folder

Comments

By default, this parameter has the value:

  • 410 if the legislation is German,
  • 400 if the legislation is Austrian.