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Column Headings (Depreciation by Useful Life Report)

In this column
Oracle Assets prints
Classification
The year that the asset was acquired.
Useful Life
The useful life of the asset, in years. For Salvage Value Depreciation, this column is the fiscal year count of extended life
Beginning Asset Cost
The asset cost at the start of the From period
New Acquisition
The cost of new assets placed in service between the From-To period
Cost Adjustment
The adjusted cost for the asset during the From-To period
Current Decrement
The cost of the assets retired during the From-To period
Ending Asset Cost
The ending asset cost. This is the sum of the Beginning Asset Cost, New Acquisition, and Cost Adjustment values, less the Current Decrement
Beginning Depreciation Reserve
The depreciation reserve amount up to the From period
Current Depreciation Expense
The depreciation expense during the From-To period
Ending Depreciation Reserve
The ending depreciation reserve. This is the sum of the Beginning Depreciation Reserve and the Current Depreciation Expense
Salvage Value
The salvage value of the assets (for assets placed in service before 1995)
Net Book Value
The net book value of the asset at the end of the To period. This is the Ending Asset Cost less the Ending Depreciation Reserve


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