Personal Property

New Accounts

As new businesses are created and opened within the jurisdiction it will become necessary to add new personal property accounts to Capture. Capture allows users to add new accounts through the New Accounts tab located in the PP Supervisor workspace. From this tab users may add accounts as well as query accounts that were created within a specified start and end date.

Address Mass Update

PP Address Mass Update allows the user to update multiple personal property accounts' owner name and address information simultaneously. This mass update is beneficial for multiple accounts owned by a single owner such as accounts owned by leasing companies. All accounts owned may be updated together rather than individually, saving the user time. This Quick Help is designed to teach the user how to update PP Addresses on a mass scale. This mass update is mostly used for leasing companies with many sub accounts.

Depreciation Rollover

This Quick Help is designed to teach the user the process for rolling the Depreciation Schedule into the next tax year. The Depreciation Schedule must be rolled forward in order to generate the correct depreciation for Personal Property Items. Rollover is an irreversible process.

Individual Rendition

This Quick Help is designed to teach the user how to mark Personal Property Renditions as "Returned" as well as how to update the items in Capture after the Rendition has been processed.

Individual Regenerate

Regenerating an account updates items to reflect the current year’s depreciation schedule.

Mass Update Regeneration

This Quick Help is designed to teach the user how to regenerate Personal Property items on a mass scale to reflect the current year’s Depreciation Schedule. This Quick Help will show the steps for regeneration as well as the steps to check that the items updated correctly against the Depreciation Schedule.

Mass Update Rendition

This Quick Help is designed to teach the user how to update Personal Property Accounts' rendition status to "Returned" on a mass scale.

Rendition Schedule Printing

This Quick Help is designed to teach the user to create Custom Lists/Batches in order to print Personal Property Renditions to send to taxpayers. Once the user receives the marked copy from the taxpayer, the user is then able to mark the rendition as returned and regenerate the items to the correct depreciation schedule.

Supplement

A supplement is a replacement record for a parcel that has already been abstracted for the current year. Supplements are created to correct errors or update new parcel information. Common assessment supplements will focus on name, class, exemption, and agricultural use changes.  This Quick Help shows users how to create supplements and the related letters in Capture. 

Move Accounts

When a business moves to a new location, any associated personal property records must be moved as well.  Capture allows users to move associated personal property accounts from one real parcel to another.