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Asset Status

This page describes the Asset Status report in the Assets module.

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The Asset Status report is a very detailed report showing the status of each Asset on a specified date. For each Asset, the report will display the Asset, Cost and Depreciation Accounts from the Asset Class, and the latest Department and Person from the Asset Status register. Depreciation figures for each fiscal year to the date that you specify will be calculated, together with a total depreciation figure. Other information will be taken from the Asset record.

When printed to screen, the Assets Status report has the Standard ERP Drill-down feature. Click (Windows/macOS) or tap (iOS/Android) on an Inventory Number in the report to open the corresponding Asset record.

Inventory No.
Paste Special    Asset, Assets module
Range Reporting    Alpha
If you need to report on a particular Asset, enter its Inventory Number here. You can also enter a range of Inventory Numbers, separated by a colon (:).

Assets that belong to Asset Categories in which you have selected the Exclude from Reports option will not be included in the report.

Until
Paste Special    Choose date
For each Asset shown in the report, depreciation will be calculated to the date specified here. The Department and Person of each Asset will be taken from the last Asset Status record before this date. If you do not specify a date, the current date will be used.

Model
Select one of these options to specify which of the two Depreciation Models specified on the 'Models' card of each Asset record is to be used to calculate its depreciation.

Calculation
Please refer to the description of the 'Create Depreciation Simulations' Maintenance function for full details of the Values per Day and Values per Month options. Choose the According to Model option if you want to use the Period specified in the Depreciation Model of each Asset: you must select this option if you have any Depreciation Models in which the Period is "Quarter" for depreciation to be calculated correctly.

Start From Last Revalued Value
Please refer to the description of the 'Create Depreciation Simulations' Maintenance function for full details of this option.

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