Analyzing Asset Cost

Access the Asset Cost Analysis form.

Asset Number

Enter an 8-digit number that uniquely identifies an asset for which you want to review the cost.

Ledger Type

Enter the user defined ledger type code from UDC 09/LT that identifies the account ledger or book for the asset. You can maintain as many sets of depreciation books for an asset as you need so you can depreciate an asset in different ways for different purposes. For example, an asset might have a three-year life for tax purposes, but a five-year life for financial statement purposes. Each set of books can have different depreciation methods and depreciation values.

Subledger

Enter a user defined code from UDC 00/ST that is used with the Subledger field to identify the subledger type and to specify how the system performs subledger editing. On the User Defined Codes form, the second line of the description controls how the system performs editing. This is either hard-coded or user defined.

Current Period

Select this option for the system to display data for the current period of the current fiscal year.

Year to Date

Select this option for the system to display records for the current fiscal year.

Inception to Date Report

Select this option to generate the Inception to Date Balances report (R12424A).

Year/Period

Select this option to review records for a period of a specific year. You must enter a value of 1 to 14 for the period. A value in the Year field is mandatory, whereas you can leave the Period field blank.

Access the Asset Ledger Inquiry form.

From Date

Enter the start date from when to review the asset ledger details for an asset.

To designate a date, use the company's fiscal date pattern. For example, enter 01/01/23 for the fiscal date of January 1, 2023.

Thru Date

Enter the end date through when to review the asset ledger details for an asset.

To designate a date, use the company's fiscal date pattern. For example, enter 12/01/23 for the fiscal date of December 1, 2023.