Use > Run > Financial Management > Net Value Simulation

Net Value Simulation

Service Management's Net Value Simulation feature offers a future value simulation of fixed assets based on the available data, and also predicts the net value trends in a graphical manner. In addition, you can filter the devices, infrastructures, and licenses based on the available fields to sharpen your simulation.

The Net Value Simulation feature can be applied to various scenarios. The following are two examples:

  • A data center manager can find out the net values of missing or stolen assets in the data center.
  • An IT agent can decide when and whether a device can retire based on the financial policy. For example, a high-end server can retire when its net value is less than 100 US dollars.

How to access Net Value Simulation

To access Net Value Simulation, from the main menu, select Run > Financials > Net Value Simulation.

User interface elements

For details of the user interface (UI) elements, read the following:

Left panel

The left panel includes the following elements.

Services bar option Description
Simulation criteria

Select the fixed asset type(s) on which the simulation will run:

  • Devices
  • Infrastructure & Peripheral
  • Licenses

Click the FilterFilter button in each fixed asset type to select the simulation criteria. This narrows the simulation scope.

Run simulation by

Select DATE or VALUE based on the simulation that you want to view.

For more information about these options, see How to run and view net value simulation.
Run simulation Click Run simulation to run the net value simulation.

Right panel

The right panel displays a result table of the net value simulation. The following table includes details of the UI elements.

UI Description
Title

The title of the simulation table shows the following:

  • The number of assets that meet the criteria
  • The total net value of the displayed assets
  • The date that is specified (when DATE is selected in the Run simulation by field)
Columns

Click to select the columns that you want to view in the result table.
Export to CSV

Click to export the data to a CSV file.

By default, the following columns will be displayed in the result table. You can add or remove columns from the table by clicking Columns.

Column Description

Id

ID of the selected asset. Click the ID to open the selected fixed asset record.

Asset tag

Tag of the selected asset.

Cost center

Cost center of the selected asset.
Location Location of the selected asset.
Depreciation scheme Scheme specifying how the asset model is depreciated, such as linear, geometric, or sum of digits.
Depreciation rate

Rate of depreciation.

Note Depreciation rate is available only when the depreciation scheme for the selected record is Geometric.
Depreciation duration Time duration (in months) that is specified for the asset depreciation. No simulation will be run outside of this range.
Net value Current net value of the selected asset.
Simulated net value

Predicted value of the selected asset that meet the criteria. Click the value to view a graphical net value trend of the selected asset.

For more information on how to run net value simulation, see How to run and view net value simulation.
Simulated date

Date when the fixed asset record meets the criteria for the first time.

Available when: VALUE is selected in the Run simulation by field.

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