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.
- Use the Data Filter to select the range of filtering options or leave the filter blank to include all available data.
- 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
- Select the year for which to generate the report from the Fiscal Year field.
- 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. - Select the sorting criterion from the Sort By section.
- Click a command button to
Select | To |
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. |