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    Fixed Asset Activity - Disposal and Retirement
    • 30 Jul 2024
    • 2 Minutes to read
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    Fixed Asset Activity - Disposal and Retirement

    • Updated on 30 Jul 2024
    • 2 Minutes to read
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    • PDF
    Article summary

    R365's Fixed Asset Activity - Disposal and Retirement report provides information regarding the disposal and retirement of fixed assets within a business. This report helps users track the lifecycle of fixed assets. By effectively managing the end-of-life processes for fixed assets, users ensure that they maintain accurate and compliant financial records and make informed decisions regarding asset management and replacement strategies.

    Navigation

    1. In the Reports section of the left navigation pane, select My Reports.
      The My Reports screen appears.

    2. At the top of the My Reports screen, select Financial.
      The screen generates a list of reports in alphabetical order.

    3. Locate the Fixed Asset Activity - Disposal and Retirement report.

    4. Select Customize to adjust the report parameters and run the report.

    Report Parameters

    Field

    Description

    1

    Legal Entity

    Filters the report to show data for the selected legal entity.

    2

    Location

    Filters the report to show data for one or more selected locations.

    3

    Class

    Filters the report to show data for one or more selected fixed asset classes.

    4

    Asset

    Filters the report to show data for one or more selected fixed assets

    5

    Year

    Year for which to run the report.

    6

    Category

    Filters the report to show data for one or more selected fixed asset categories.

    7

    Sort By

    Determines whether the report is sorted by Location or Asset Number.

    8

    Show Periods

    If set to Yes, data in the report is broken down by quarter and by periods in each quarter.
    If set to No, the report shows data by quarter.

    9

    Assets Without Activity

    If set to Yes, the report shows all assets, including assets with no activities posted in the specified year.
    If set to No, the report only shows assets with activities posted in the specified year.

    10

    View options

    This section provides options to select, save, edit, or delete a report view.

    11

    Run

    Generates the report. Click the down arrow to the right of the Run button to export, email, or print the report.

    Report Columns

    Column

    Description

    Location Number

    Number used to identify the location responsible for the asset.

    Location Name

    Name of the location responsible for the asset.

    Asset ID

    Number used to identify the asset.

    Asset name

    Common name of the asset.

    Status

    Current status of the asset. For more information, see Asset Record.

    Acct Number

    Number used to identify the main account associated with the asset.

    Acct Name

    Name of the main account for the asset.

    Beg Bal

    Value of the asset at the start of the year.

    Timeline

    Shows how the asset's value has changed over the course of the year, by quarter or by period.

    Net Change

    Amount by which the value of the asset has changed over the course of the year.

    Capitalized Cost

    Cost of the asset, including depreciation and amortization.

    Grand Total

    This row displays combined totals for all assets shown in the report.

    Email, Export, or Print the Report

    This report can be emailed, exported, or printed in custom formatting directly from the reporting window. 

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