Hierarchy
EA-FIN (Software Component) EA-FIN⤷
RE-FX-LM (Application Component) Land Use Management⤷
RE_LM_NA (Package) RE: Notice of Assessment
Basic Data
| Data Element | RELMNACALCVALUE |
| Short Description | Calculated Assessed Value |
Data Type
| Category of Dictionary Type | D | Domain |
| Type of Object Referenced | No Information | |
| Domain / Name of Reference Type | RECACURR | |
| Data Type | CURR | Currency field, stored as DEC |
| Length | 15 | |
| Decimal Places | 2 | |
| Output Length | 21 | |
| Value Table |
Further Characteristics
| Search Help: Name | ||
| Search Help: Parameters | ||
| Parameter ID | ||
| Default Component name | CALC_ASSMNT_VALUE | |
| Change document | ||
| No Input History | ||
| Basic direction is set to LTR | ||
| No BIDI Filtering |
Field Label
| Length | Field Label | |
| Short | 10 | Calc. AV |
| Medium | 15 | Calc. Assd Val. |
| Long | 20 | Calc. Assessed Val. |
| Heading | 15 | Calc. Assd Val. |
Documentation
Definition
The assessed value can be calculated using different methods. The system calculates the assessed value as follows:
Cost approach to appraisal:
area of zone 1 multiplied by value/square meter of zone 1
+ area of zone 2 multiplied by value/square meter of zone 2
+ area of zone 3 multiplied by value/square meter of zone 3
-------------------------------------------------------------
= land value
+ building value
+ value of grounds improvements
-------------------------------------------------------------
= starting value
* percentage value
/ 100
-------------------------------------------------------------
= Calculated assessed value
Income approach to appraisal:
Total of land value portions
+ Total of building value portions
---------------------------------------------------------------
= Calculated assessed value
Use
Dependencies
Example
History
| Last changed by/on | SAP | 20060208 |
| SAP Release Created in | 600 |
