Asset Depreciation report
The Asset Depreciation report provides a comprehensive overview of asset depreciation to help organizations track asset value reduction over time.
Key information
-
Offers insight into the expected lifespan, remaining useful life, and current valuation of assets based on depreciation calculations.
-
Highlights important timelines to support maintenance planning, budgeting, and replacement strategies for the assets.
Fields on the Asset Deprecation report
| Field | Description |
|---|---|
|
Property |
Name of property associated with the report. |
|
Asset Category |
Category associated with the asset. |
|
Asset |
Asset name/code associated with the report. |
|
Asset Depreciation Value ($) |
The reduced monetary value of an asset over time due to usage. |
|
Expected Asset Life (Months) |
Estimated number of months an asset is projected to remain functional and contribute to operations before reaching the end of its useful life. |
|
Location |
Location where the asset is installed. |
|
Supplier |
Name of the asset supplier. |
|
Cost Center |
Name of the business unit that owns the asset. |
|
Asset Purchase Date (dd/mm/yyyy) |
Date and time of purchase. |
|
Asset Remaining Age |
Asset usage time left in months. |
|
Asset End Of Life Date (dd/mm/yyyy) |
Asset usage end date (dd/mm/yyyy) and time (HH:MM:SS) in 24-hour format. |
For more information: