R12433 - Depreciation and Amortization Report

Print the Depreciation and Amortization report for each ledger type that you use. The fiscal year should be the year for which you want to report depreciation taken. For example, if you are preparing the tax report for 2001, you would use fiscal year 01.

If you transfer an asset to another company during the year, the entire depreciation expense amount for the year is reflected on the new company.

The Depreciation and Amortization report includes this information:

• Depreciation information (DI)

  A code that you use to specify additional depreciation information. The system uses this code for Investment Tax Credit (ITC) and averaging conventions, such as mid-month (M), mid-quarter (Q), and mid-year (Y).

• Cost

  The original cost plus any additional costs for the asset through the as of date that you specify for the report.