On the printout, the listed assets are grouped by Asset Class, with a financial sub-total shown for the assets within each Class. Finally, a financial grand total is calculated and shown for all assets specified for inclusion on the report.
After the OK button has been clicked the List of Assets report is printed. For each asset, information is printed under the following headings:
Item: This is the unique, identifying four-digit Item Number of the asset within its Class.
Description: The full, descriptive title of the asset, which may be up to thirty alphanumeric characters in length.
Serial Number: The serial number recorded on the Asset record.
Purchased: The date on which the asset was purchased.
Sold: If the asset has been disposed of, this shows the date of the sale.
Life: The Lifetime of the asset expressed in periods.
Initial cost: The Initial Cost of the asset, excluding any Additional Costs that may have arisen in the current financial year. Any Additional Costs incurred in previous years are included in this figure, as a result of the annual running of the End of year process option on the AR System Maintenance Menu.
Additional cost: Any Additional Costs that may have arisen for the asset in the current financial year. Those which may have arisen in previous years are included in the Initial Cost figure.
Net book value: The Net Book Value of the asset. (its worth to the company.)
YTD depreciation: The Year to Date Depreciation of the asset, as calculated by the usage of the Depreciation option within the current financial year.
Tip: You may halt the printing of the List of Assets Report at any stage by using the Cancel button.
Listing Assets and Opening Balances
