NetAsset - Accum. Depr. Disposals
Purpose:
The Accum. Depr. Disposals report is a NetSuite Transaction saved search that provides a detail listing of assets disposed and the accumulated depreciation due to disposal for the selected period across each subsidiary and asset type.
How To
Navigation:
NetAsset > Reports (Transaction Reports) > Accum. Depr. Disposals > Run
Filtering:
The report search can be narrowed down by adjusting the filters for subsidiary, department, class, location, accounting period, or date. The report will automatically update as filtering options are selected.
Results
Upon running the report the user will see all disposed assets and the related accumulated depreciation posted for asset disposals in the selected period range. Each asset line item will include general information about the asset (Subsidiary, location, type, revaluation account #, etc.) and the accumulated depreciation disposal amount. Select the Export button to download 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.
2. Variances in accumulated deprecation balances may occur if the necessary journal entries have not been posted i.e. NetAsset Disposal Entry.