TRAVERSE Global v11.1

Future Depreciation Report

Use the Future Depreciation Report function to produce a report listing the depreciation expense for a future year you specify. The report can be printed for all assets or a range of assets, and can be printed in summary or detail.

  1. Use the Data Filter to select the range of filtering options or leave the filter blank to include all available data.
  2. Select the depreciation type for the report from the Depreciation Type field.
    • A.M.T. is normally kept to provide an alternative way of calculating depreciation for federal tax purposes known as Alternative Minimum Tax. See the appropriate IRS publications for details on AMT.
    • Book is normally kept for your company’s general ledger. If you interface Fixed Assets with General Ledger, the depreciation calculations for this book are posted to the GL accounts.
    • FedTax is normally kept for federal tax purposes. The depreciation calculations in this book are used to print the Depreciation Tax Report and for tax filing.
    • Other is normally kept for local tax or informational purposes
  3. Select the year for which to generate the report from the Fiscal Year field.
  4. Select the type of assets to print in the report from the View section.
    Note: Select the Include Subtotals check box to include subtotals in the report.
  5. Select the sorting criterion from the Sort By section.
  6. Click a command button to
  7. Select To
    Print Print the Future Depreciation Report using the selected criteria.
    Output Output the list as a PDF.
    Send Save the list as a PDF and attach it to an email using your default mail program.
    Preview Preview the Future Depreciation Report using the selected criteria.
    Reset Reset all fields and lists to their default selections.