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Reserve Detail and Summary Reports

Use the Reserve Detail and Summary reports to reconcile your reserve accounts to your general ledger. The detail report is sorted by balancing segment, depreciation reserve account, cost center, and asset number. It prints totals for cost center, account, and balancing segment. The summary report is sorted by, and prints totals for each balancing segment and depreciation reserve account.

The following reports provide supporting detail for the detail report: Asset Additions Report, Reserve Adjustments Report, Asset Retirements Report, Asset Reclassification Reconciliation Report, Account Reconciliation Reserve Ledger, and the Asset Transfers Report.

You must enter a Book and From/To Period range when you request these reports.

To reconcile with the general ledger, compare the summary report with the Account Analysis Report in General Ledger.

Selected Headings

Both detail and summary reports show the beginning balance, transactions, and ending balance for each depreciation reserve account:

Beginning Balance: The sum of this column for the asset account on the detail report matches the Beginning Balance column on the summary report.

Additions: The change to the depreciation reserve account resulting from asset additions that you entered with a reserve during the period range you requested. This column on the detail report matches the Depreciation Reserve column of the Asset Additions Report. The sum of this column for the asset account on the detail report matches the Additions column on the summary report.

Depreciation: The change to the depreciation reserve account resulting from depreciation expense calculated during the period range you requested. This column on the detail report matches the Depreciation Amount column of the Account Reconciliation Reserve Ledger. The sum of this column for the asset account on the detail report matches the Depreciation Expense column on the summary report.

Adjustments: The change to the depreciation reserve account resulting from tax reserve adjustments or revaluations performed during the period range you requested. These lines are marked on the right side of the report to distinguish tax adjustments from revaluations. For tax adjustments this column on the detail report matches the Reserve Adjustment column of the Reserve Adjustments Report. The sum of this column for the asset account on the detail report matches the Adjustments column on the summary report.

Retirements: This column on the detail report matches the difference between the Cost Retired and Net Book Value Retired columns of the Asset Retirements Report. The sum of this column for the asset account on the detail report matches the Retirements column on the summary report.

Reclassifications: This column on the detail report matches the Depreciation Reserve column of the Asset Reclassification Reconciliation Report. The sum of this column for the asset account on the detail report matches the Reclassifications column on the summary report.

Transfers: This column on the detail report matches the Depreciation Reserve column of the Asset Transfers Report. The sum of this column for the asset account on the detail report matches the Transfers column on the summary report.

Ending Balance: The sum of this column for the asset account on the detail report matches the Ending Balance column on the summary report.

Out of Balance: This report compares an asset's actual ending depreciation reserve balance with a calculated ending balance, and prints an asterisk (*) in this column if they are different. If Oracle Assets finds any differences, your system is out of balance.

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See Also

Account Analysis With Payables Detail Report

Reconciling Reserve Accounts

Common Report Parameters

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