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Array Types, Groups, Depreciation Table & Global Settings
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Overview
The Array Types feature is one of several administrative tables to set up before adding projects into the system. Once set up, all of the tables can easily be adjusted as necessary.
The Array Types and Group features are used to clasify projects for reporting purposes.
Setting up Array Types
Step 1, Open the ARRAY TYPES tab (1) and click on NEW ARRAY TYPE (2).
Step 2, Add the Array Type name (1). Save and Close (2).
Setting up Groups
Step 1, Open the GROUP tab (1),and click on NEW GROUP (2).
Step 2, Add the Group name(1). Save & Close (2).
Depreciation Table
This table is used for Project IRR Calculations. The table is prepopulated using the IRS 2023 Publication 946. It accounts for both full year and half year calculations when calculating the IRR impact. The Tax Rate is adusted by the company in the Global Settings as instructed below.
Depreciation is set at Edit only.
Step 1, Open the DEPRECIATION TABLE tab (1), and Click the Edit button (2).
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#### Step 2, Edit the information and Save & Close (1).
Global Settings
Are one time settings to be used across all Project/Site combinations. The sytem comes standard with four. Loan Cap, Site degradation % FMV Degradation % and Income Tax Rate. New Setting can be added as required.
Global Settings are set at Edit only.
Step 1, Open the GLOBAL SETTINGS tab (1), and Click the Edit button (2).
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#### Step 2, Edit the necessary field and Save & Close (1).
Remember, all of this information can be added or changed at any time.
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