Factors / values

Option	Description
Overwrite future with LT valuation bases when factoring	When the system is applying factors from the Component report page, the future valuation basis will be overwritten with the LT basis regardless of whether or not the future valuation basis is already set.
Overwrite future with LT risk rating and code when factoring	desktop_windows This flag is unused.
Mark benchmark properties as INSPECTD when regrading	Have the system set the future verification methodology to VERIFIED if you manually enter a future value in the Valuation table.
Set DVM, RR and verification dates to today when regrading	Have the system set the future DVM, risk rating and code, and verification dates to today if you manually enter a future value in the Valuation table.
Enable the automatic valuation methodology process	Enable the automatic valuation methodology process. See Automatic application of valuation methodologies.
Allow editing of LT and earlier property values	Enable the prior year value cells on the Values panel in the property editor. Without this box being ticked, only the corrected value and verification cells are enabled on the LT year. This option doesn't apply to supps.
Allow bulk editing of property LT values	Enable LT values in the bulk property editor page. When unticked, only future values are editable. This box relies on the option above being ticked, and it will be unticked and disabled if the box above is unticked.
Automatically update calculations when the future LV is updated	When the user sets or updates the future land value, the system tries to pull the worksheet calculations into line with the future value.
Warn when saving a property or supp and the future LV is different to the WS calc value	Obvious.
Take VNSW rounding rules into account when calculating factors	Shows a factor that can be applied to the (year - 1) land value to get the year land value. When unticked, the VNSW factor column in the property valuations table is year land value / (year - 1) land value. desktop_windows If numbers were precise, these would mean the same thing; but rounding messes with stuff.
Hide the TICK ALL button in the Factor application popup	Obvious.
Annual values validation and AVA treat LT reascertainments (14A(6) auths) as objections	When the AVA is running its checks for objections, include reascertainments as objections.
Allow section 28 apportionment	If ticked, users are able to use Action | Values | Apportion S28 values.
Round 26A values	If ticked, S28 values will be rounded using the VNSW rounding scheme.
Suppress the history icon in the AVA	If ticked, the History column will be removed from the AVA.
Exceptional factor lower cutoff	The threshold value used when you enter a future value in the Valuation table. When the factor between the LT year's value and the entered value is lower than this value, the system will show a please explain box.
Exceptional factor upper cutoff	The threshold value used when you enter a future value in the Valuation table. When the factor between the LT year's value and the entered value is greater than this value, the system will show a please explain box.
High value cutoff	Land values that exceed this value will be noted as high and included in the 29 (328). High value properties (property level) AVA exceptions table. This functionality is set to be replaced by a more comprehensive system.