History Tab of Asset Detail

The History tab provides a history of major milestones and actions performed on an asset. The application automatically records and tracks specified actions, including the date and time they occurred, and displays a viewable history. For a description of the historical actions that the system tracks see Asset History Events.

There are two different views you can use to view the History tab.

Items on this window

Item Notes
[Summary] Select this button to see a quick look at asset history.
[Detail] Select this button to view more in-depth historical information about individual events.

The Detail view shows the condition of an asset before and after it was changed. For example, if you change an asset’s Property Type from Personal to Automobile, both the old and new Property Types are displayed in the Description column.

When you select the Detail button, you can see the previous and current condition of an asset when you change the following fields:

Fields on Main Tab

Fields on Asset Disposal Window

Property Type

Disposal Date

Placed-in-Service Date

Cash Proceeds

Acquisition Value

Non-Cash Proceeds

Depreciation Method

Expenses of Sale

Estimated Life

 

ADS Life

 

Business Use %

 

179 Deduction

 

168 Allowance %

 

Beginning Date

 

Beginning YTD

 

Beginning Accum

 

Besides using the Detail and Summary buttons, you can double-click an event to switch between Detail and Summary views.