Depreciation Expense Report: Report Columns

The Depreciation Expense report columns first identify the asset, then provide depreciable basis and depreciation expense figures.

These standard columns appear in the Depreciation Expense report and need no explanation:

System Number 

Extension

[Placed] In-Service Date

Acquired Value

Depreciation Method

Property Type (PT)

Estimated Life (shown in years and months)

Salvage/168 Allowance/Section 179

Key Code

The following guidelines provide detail on the nonstandard columns that appear on the Depreciation Expense report.

Column	Notes
Depreciable Basis	This column shows the asset's depreciable basis as calculated by the system.
Prior Through	This date is the previous through date (that is, the date of the next-to-last depreciation calculation). For example, if you calculated depreciation through 01/22 and then calculated depreciation through 02/22, the system displays 01/22 in the Prior Through column.
Prior Accumulated Depreciation	Prior accumulated depreciation includes all depreciation expense from the asset's placed-in-service date through the end of the fiscal year before depreciation was last calculated. For example, if depreciation was last calculated through 03/22, prior accumulated depreciation includes all depreciation expense from the asset's placed-in-service date through December 2021 (assuming a calendar year-end company), including any beginning depreciation amounts.
Depreciation This Run	Depreciation this run is the amount that was calculated for the period between the next-to-last depreciation calculation (the Previous Through date) and the last depreciation calculation (the current through date). For example, if you calculated depreciation through 01/22 and then calculated depreciation through 03/22, the Depreciation This Run column includes depreciation for February and March 2022.
Current Year to Date Depreciation	Current year-to-date depreciation includes all depreciation expense from the beginning of the fiscal year containing the current through date up to and including the current through date. (The current through date is the last date through which you calculated depreciation.) For example, if the current through date is 03/22, the current year-to-date depreciation includes depreciation for January, February, and March 2022 (for a calendar year-end company).
Current Accumulated Depreciation	Current accumulated depreciation includes all depreciation expense from the asset's placed-in-service date up to and including the current through date. (The current through date is the last date through which you calculated depreciation.) Current Accumulated depreciation equals the amount in the Prior Accumulated Depreciation column plus the amount in the Current Year-to-Date Depreciation column.