R12431 - Fixed Asset Reconciliation Report

This report will not display all of the details for all types of asset transfers. If values such as Company or Business Unit have been transferred, run the Accounts Reconciliation report (R12435) or the Asset Report Writer (R1200001) to display more detailed transfer information.

The Fixed Asset Reconciliation Report includes this information:

• Beginning balance

  The beginning balance for the asset cost, accumulated depreciation, and net book value of an asset. The beginning balance for the asset cost and accumulated depreciation amounts are as of the end of the period prior to the quarter or the year that you request for the report. The beginning balance for the net book value equals the asset cost beginning balance less the accumulated depreciation beginning balance.

• Ending balance

  The ending balance for the asset cost, accumulated depreciation, and net book value of an asset. The ending balance for the asset cost and accumulated depreciation amounts equals the beginning balances plus any additions and transfers in, less any transfers out and disposals. The ending balance for the net book value is the difference between the ending balances for the asset cost and accumulated depreciation.