Equipment Management Features

Vista 2024 R1 delivers on user-requested Equipment Management enhancements, fixes, and other improvements.

AU Only: Clarifications on How Diminishing Value is Calculated for Assets

Note: The Diminishing Value method of depreciation applies to Australia only.

Several fixes in this release resulted in the need to clarify how diminishing value is calculated and scheduled on the EM Asset Setup form. This is the formula for calculating diminishing value:

base value × (days held ÷ 365) × (200% ÷ asset's effective life)

For detailed explanations and examples, see About Diminishing Value (Australia).

Check Issue Status

To see a list of defects fixed in this version, go to the Track Cases/Issues page of the Viewpoint Customer Portal. Use the filter options to select your product and module. In the Fixed in Version field, select this version, then select Apply Filters.