Related topics

Report Definition Window

Interpreting Common Report Data

Columns on the Depreciation Expense Report

Depreciation Expense Report

Purpose

The Depreciation Expense report displays depreciation amounts that have been calculated for the selected assets. Along with essential asset data, the report shows figures for previous years' depreciation, current year-to-date depreciation, and total current accumulated depreciation. The system prints a separate Depreciation Expense report for each selected book.

To calculate depreciation, use the Depreciate option on the Depreciation menu.

  • Run this report monthly for any book that is posted monthly (for example, the Internal book).
  • You should run the Depreciation Expense report from the Reports menu if you are sure that all selected assets have been depreciated through the date for which you are running the report. If this is not the case, we recommend that you calculate depreciation at the same time you run the report. To do this, use the Depreciate command on the Depreciation menu. In the Depreciate window, in the Send To field, you can select Window or Printer (or both). You can calculate depreciation and run the report in this one easy step. In this way you can be sure that the report lists depreciation through the correct date on all assets selected.
  • If you calculate depreciation monthly, and you inadvertently skip a month, the amounts in the Depreciation This Run column will be greater than expected. You can view the correct monthly amounts by calculating depreciation for the previous month and then calculating depreciation again for the current month.