Change in Capital Assets Report

Purpose

The Change in Capital Assets report displays a comparison of capital assets for a current year to a prior year. You can insert this report in your Management’s Discussion and Analysis as an integral part of your financial statements.

Hint

To print a Change in Capital Assets report that follows the GASB Statement No. 34 guidelines, you must run the report for a group that is sorted by the field that you use for "asset categories" (for example, Land, Buildings, and Machinery & Equipment.) You can identify this sort field either on the Sort Criteria tab of the Group Manager, or on the Format Report tab of the Report Definition window. When you run the report, the system automatically prints subtotals for the primary sort field, regardless of whether you selected the subtotal option for this field. If you run the report for a group that contains more than one sort level, the system sorts only the field selected for the primary sort level and ignores all other sort levels. If you run the report for a group that contains no sort levels, the system sorts the report using the Class field.