ABOS Import

Navigate: ClosedPersonal Property Appraisal > Batch Processes > ABOS Import

Description

Use this task to import watercraft vessel data from ABOS© Marine Blue Book™, including marine vessel identification and current values. Importing this data allows Personal Property Appraisal to automate the valuation of watercraft assets.

Steps

  1. On the Process ABOS Import screen, make a selection from the Tax Year drop-down list.
  2. In the ABOS Import Options panel, enter the file path or click Browse to navigate to the desired file path.

  3. Make a selection from the Import File Format drop-down list for each type of marine vessel/motor.

  4. In the Schedule Options panel, enter or select a date and time to import the data.

  5. Click Finish to submit the import request.

    • To view its progress, click Info Center > Batch Processes.
    • On the Monitor Batch Processes screen, click on the process in the grid.
    • On the View Batch Process Details screen, click they hyperlink in the Reports panel to view details.
    • Click Close to return to the Process ABOS Import screen.

  6. Click Close to end the Process ABOS Import task.

Prerequisites

Set up the import file configuration via Configuration > File Input/Output > Input/Output File Configuration > Manage Input/Output File Configuration. Select each applicable boat import file layout (e.g., ABOS Import - Boat Trailer, ABOS Import - Stern Drive Boats, ABOS Import - Outboard Boats, etc.) and define the details as applicable.

This table shows ABOS table data/file name and Aumentum table name.

ABOS Table Data/Filename and Corresponding Aumentum Table Name

ABOS Table Data

ABOS Filename

Aumentum Table Name

Outboard Boats

OB.txt

dbo.ABOS_OB

Personal Watercraft

PW.txt

dbo.ABOS_PW

Pontoons and Houseboats

PH.txt

dbo.ABOS_PH

Sailboats

SB.txt

dbo.ABOS_SB

Stern Drive Boats

IO.txt

dbo.ABOS_IO

Boat Trailers

BT.txt

dbo.ABOS_BT

Outboard Motors

OM.txt

dbo.ABOS_OM

Sailboat Trailer (Included in ABOS Boat Value)

SBTrail.txt

dbo.ABOS_SBTrail

Personal Watercraft Trailer (Included in ABOS Boat Value)

PWTrail.txt

dbo.ABOS_PWTrail

Stern Drive Boat Trailer (Included in ABOS Boat Value)

IOTrail.txt

dbo.ABOS_IOTrail

Outboard Boat Trailer/Engine (Included in ABOS Boat Value)

OBTrlEng.txt

dbo.ABOS_OBTrlEng

Pontoons and Houseboat Trailer/Engine (Included in ABOS Boat Value)

PHTrlEng.txt

dbo.ABOS_PhTrlEng

The major valuation categories in the ABOS system are shown here:

ABOS Valuation System Major Categories and Corresponding Types

Abbreviation and Category

Category Types

BT - Boat Trailer
  • Boat Trailer

IO - Stern Drive Boats

  • CC center console

  • CR cruiser

  • DCR day cruiser

  • F&S fish & ski

  • RB runabout

  • SCR sports cruiser

  • SF sports fisherman

  • SK ski

  • SR sports runabout

  • TR trawler

  • UCR utility cruiser

  • UR utility runabout

  • UT utility

  • Y yacht

OB - Outboard Boats

  • BB bass boat

  • C canoe

  • CR cruiser

  • DCR day cruiser

  • F&S fish & ski

  • INF inflatable

  • K kayak

  • R race

  • SCR sports cruiser

  • SF sports fisherman

  • SR sports runabout

  • UCR utility cruiser

  • UR utility runabout

  • UT utility          

OM - Outboard Motors
  • Outboard Motors

PH - Pontoons and Houseboats

  • Deck

  • DC deck catamaran

  • HBFH houseboat full hull

  • HBP houseboat pontoon

  • P pontoon

PW - Personal Watercraft
  • Personal Watercraft

SB - Sailboats
  • Sailboats

Valuation Method Setup

Valuation methods for ABOS are set up in the ABOS Options panel on the Maintain Value Methods screen (Personal Property Appraisal > Setup > Value Methods). You must minimally define:

  • Make

  • Model

  • Year

  • CC HP (if required per checkbox in ABOS Options window)

  • Length (if required per checkbox in ABOS Options window)

Use the following table as a guide to set up valuation methods for ABOS asset categories.

Asset Category Code

Asset Category Description

Schedule

ABOS General Valuation Type
and Table to Use

OB

OUTBOARD

2.6B

ABOS – Outboard Boat (ob.txt)

IO

STERN DRIVE BOAT

2.6B

ABOS – Stern Drive Boat (io.txt)

BT

BOAT TRAILER

2.6B

ABOS – Boat Trailer (bt.txt)

PW

PERSONAL WATERCRAFT

2.6B

ABOS – Personal Watercraft (pw.txt)

OM

OUTBOARD MOTOR

2.6B

ABOS – Outboard Motor (om.txt)

PH

PONTOON BOAT

2.6B

ABOS – Pontoon and Houseboat (ph.txt)

SB

SAILBOAT INBOARD

2.6B

ABOS – Sailboat (sb.txt)

Here is a matrix of ABOS values and how Aumentum manages the values based on whether a trailer is included with the vessel.

 

ABOS Value Includes Trailer

ABOS Value Does Not Include Trailer

Aumentum Includes Trailer

ABOS Value - Not Adjusted

ABOS Value - Increased by Trailer Adjustment

Aumentum Excludes Trailer

ABOV Value - Decreased by Trailer Adjustment

ABOS Value - Not Adjustment

A valuation method was created for ABOS Marine Blue Book valuation data that is imported into Aumentum. Valuation of watercraft assets is determined in Aumentum by looking up the values in the previously imported ABOS tables. After import, Aumentum Personal Property Appraisal uses vessel characteristics specific to Form BOE-576-D to look up the appraised value in the ABOS tables.

Because the ABOS data resides in different tables based on boat type, seven unique valuation types exist in Aumentum, one per major boat class for the purpose of retrieving the appraised value. Categories include:

  • BT (boat trailers)

  • IO (stern drive boats, including Boat Types)

  • OB (outboard boats, including Boat Types)

  • OM (outboard motors)

  • PH (pontoons/houseboats, including Boat Types)

  • PW (personal watercraft)

  • SB (sailboats).

Any items not processed are indicated with an error in the Confirmation Detail report.

The Maintain Assets screen (Personal Property Appraisal > Assets > Search for/select asset) shows value levels on the Valuation tab. The Components tab shows the details of trailer adjustment, if any.

Setup:

  1. Click Personal Property Appraisal > Setup > Value Methods.

  2. On the Maintain Value Methods screen, click New in the lower half of screen.

  3. In the Value Method panel, make a selection from the Type drop-down list.

    • In the ABOS Options panel that appears, make a selection from the Value Level drop-down list. Selection options reflect value levels as indicated by ABOS for a given vessel, representing varying levels of trade, including:
      • Manufacturers Suggested Retail Price
      • Low range of used trade-in/wholesale price
      • High range of used trade-in/wholesale price
      • Average resale/retail price. Select the applicable level to define the value to be returned by Aumentum from the ABOS interface.
  4. Make a selection from the Trailer value adjustment drop-down list to determine how a trailer value is considered in determining vessel assessed value.

    • Do not consider trailer (default) (Ignore ABOS trailer values in determining Aumentum value).

    • Exclude trailer (Trailer value should always be excluded from vessel’s assessed value).

    • Include trailer (Trailer value should always be included in vessel’s assessed value).

  5. Click Save.