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What is the salvage value of the pending asset?

A salvage value is the estimated value an asset will have at the end of its useful life, after depreciation is complete. It represents what the organization expects to recover from selling, trading in, or disposing of the asset. Salvage value is used when calculating depreciation so the asset is not depreciated below its expected remaining value.


What is the asset's salvage value?

  • I know the asset's salvage value. Click on the Salvage Value field, then type in an amount.  

  • I do not know the asset's salvage value. Leave blank the Salvage Value field. You can use Modify Existing Assets to fill in this information later.    

 

 

 

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