Placed in Service by Quarter Chart

The Placed in Service by Quarter chart shows the total acquired value of assets placed in service in each quarter of the current year for the currently selected book.

You can view the chart by selecting it in the Assets Snapshot window.

The following guidelines apply to the Placed in Service by Quarter chart:

  • The current year is determined by the year of the current reporting period for the currently selected book.
  • The placed-in-service date determines whether an asset falls within a quarter.
  • If the company did not acquire any assets for a quarter, then the chart displays zeros for that quarter.
  • An asset that is acquired and disposed of within the same fiscal year is considered an acquisition for the purposes of this chart.

Note: Acquired values and fiscal years could be different from one book to the next. The chart's information could change if you select a different book.

A table beneath the chart shows the following information for each quarter:

Item Notes
Acq Value Displays the total acquired value of assets placed in service.
Count Displays the number of assets placed in service.
Total (%)

Displays the percentage of the total acquired value.

Note: The Placed in Service by Quarter chart and chart data are not a substitute for the Midquarter Applicability report. You must run the Midquarter Applicability report to determine whether you are required to use the midquarter convention.

The data displayed on this chart should match the information reported on Quarterly Acquisition report when run for the same fiscal year, as long as the acquisition date and placed in service date are the same.