Depreciation Comparison by Book Chart
The Depreciation Comparison by Book chart compares the total acquired value and total accumulated depreciation for all active assets (Activity Code = A) through the current reporting period for each open book. By selecting a different depreciation book, the chart and chart data will not change.
You can view the chart by selecting it in the Assets Snapshot window.
The Depreciation Comparison by Book chart displays double bars for:
- Total acquired value of all active assets (Activity Code = A) for each open book
- Total accumulated depreciation of all active assets (Activity Code = A) for each open book
The books are in the same order as displayed in Asset Detail, with the first opened book on the far left-hand side of the chart. If the book is closed or has no acquired values, it will not appear in the chart.
Note: In order to get an accurate representation of the accumulated depreciation for each book, make sure all active assets are depreciated through the most recent date of activity in your general ledger.
A table beneath the chart shows the following information for each open book:
| Item | Notes |
|---|---|
| Acq Value | Displays the total acquired value of all active assets for each open book. |
| Accum Depr | Displays the total accumulated depreciation of all active assets for each open book. |
| Net Value | Display the total net book value of all active assets for each open book. |
The data displayed on this chart should match the Net Grand Totals for Acquired Value and Salv/168 Allowance/Sec 179 + Current Accum Depreciation on the Depreciation Expense report. The report should be run for a group with the criterion ”Activity is currently A” and for each open book. The Current Accumulated Depreciation displayed on this chart and chart data will include Section 168 Allowance and Section 179 even if you had opted not to include it in expense on the Edit Company window. The Net Value displayed on the chart data will match the Net Book Value Grand Total on the Net Book Value report when run for each open book and the group with the criterion ”Activity is currently A.”