Menu Path
Equipment > Reports > Equipment Depreciation
Description
Displays a report of the total equipment depreciation expense and book value through the End Date.
Depending on the selection criteria entered, the system includes all equipment records with a depreciation schedule of the selected Depreciation Type for which an Original Cost is specified that does not have a Transfer Date.
If a piece of equipment is sold/scrapped, the system determines whether the Sold/Scrapped Date precedes the report End Date. If so, then the system displays the depreciation expense for the equipment through the Sold/Scrapped Date and a Book Value of zero.
If you specify a future date as the End Date for the report, the system generates a report of the actual depreciation expense/book value through the current system date, and the projected depreciation expense/book value through the specified End Date.
If the depreciation method for a piece of equipment is units of output, the system generates a report of the most recent depreciation expense/book value that is presently available based on the current system date and units of output entered.