SmartProperty > Left-Hand Menu > Components
Follow the above-mentioned workflow to land on the Components screen.
To add a component, click the +Create Component button located on the top-right corner of the screen.
Resultantly, the Create a New Component window is displayed. Here, you can create a component by browsing the existing categories or create one from scratch. By default, the Browse By Category option is selected.
Using this type, select the category from the Categories list.
Once selected, select the required component from the list displayed on the right.
As the selections are made, click the Continue button.
This takes you to the Enter Component Details screen. Here, the selected category and component name are auto-populated in the corresponding fields.
Enter the GL code in the General Ledger Code field.
Enter the description of the component in the Description textbox.
Select the type of component using the Component Type dropdown.
Record the useful life of the component using the Useful Life field.
Similarly, use the Remaining Useful Life field to record the remaining useful life of the component.
As this is recorded, the installation year of the component is automatically populated in the Year of Installation field.
Choose how you want to calculate the cost using the Calculation Type radio button.
Use the Unit of Measure dropdown to select the unit in which you want to calculate the cost.
Enter the replacement percentage in the Replacement % field.
Use the Unit Price field to record the unit price of the component.
Enter the quantity of the component in the Quantity field.
The inflation rate is auto-populated in the Inflation Rate field. In case you want to record it manually, mark the Adjust Inflation Rate checkbox.
Record the source of component information using the Source of Component Information dropdown.
Enter any additional text in the Notes textbox.
In case you want to include these details in the report, mark the Include notes in report checkbox.
If you want to save the details recorded for this component, click the Save & Done button.
In case you want to save this component and record details for another, click the Save & Add Another button.
