The Recovery Table is used conjunction with the Item Type Table and Trend Table when figuring personal property value.
To view from the Main Menu: Appraisal — Personal Property Tables — Recovery Table
To view from the Personal Property Appraisal File: View — Personal Property Tables — Recovery Table
It is a table based on percent good of a maximum useful age.
Example: If the maximum age is 7. It will set up on a six-year depreciation schedule. The table will show percent good, according to the age, down to 20%.
The Recovery Number will show in the Item Type table in the Default Recovery box.
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