NetAsset - Asset Subledger Period End Balances
Purpose
The Asset Subledger Period End Balances report provides depreciation line details across all assets in the system across all periods. During the implementation process this report is used to review the period-end subledger asset balances by asset. These balances should be compared to the existing asset balances to validate the expected balances per the NetAsset subledger agree to the GL.
How To
Navigation:
NetAsset > Reports (All or Subledger Reports) > Asset Subledger Period End Balances > Run
Filtering:
The report search can be narrowed down by adjusting the filters for period, date, asset ID, subsidiary, location, department, class, alternate schedule, style. The report will automatically update as filtering options are selected.
Results
Upon running the report the user will see a summarized report that provides depreciation line details across all filtered assets in the system across all selected periods including gross asset value, accumulated depreciaiton, net book value, monthly depreciation, and residual value estimate. Select the Export button to download the report into Excel.
Troubleshooting
1. If desired assets do not appear in the report, check the selected filters to ensure assets are not being restricted from view.