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Fixed Assets

Last post 06-29-2009 3:14 PM by Jennifer Maroney. 3 replies.
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  • 05-27-2008 4:54 PM

    • Ellen Horn
    • Not Ranked
    • Posts 2
    • Organization: Somerset Home for Temporarily Displaced Children

    Fixed Assets

    Reply Contact

    Hi

    Does anyone have experience with the fixed asset module in FE? Once I dispose of an asset it continues to

    show up each month when I calculate the depreciation for the month.  It is listed as an "exception" at the bottom of the report.

    Does it stay on there forever? Should it?

    Thanks!

    Ellen Horn

    Somerset Home for TDC
    Filed under:

  • 05-27-2008 5:02 PM In reply to

    • Terry Milius
    • Top 150 Contributor
    • Posts 54
    • Organization: Southern College of Optometry
    • Products:  The Financial Edge, The Raiser's Edge

    Re: Fixed Assets

    Reply Contact

    It should quit calculating depreciation but it does stay on the report forever.  You should be able to delete disposed assets at some point.

  • 05-28-2008 11:46 AM In reply to

    • Donald Frink
    • Not Ranked
    • Posts 8
    • Organization: Jewish Family & Children's Service
    • Products:  The Financial Edge, The Raiser's Edge

    Re: Fixed Assets

    Reply Contact

    When calculating depreciation for the month use the filters to exclude the disposed of assets.  I use a dynamic query and it works great.

    Donald R. Frink

  • 06-29-2009 3:14 PM In reply to

    • Jennifer Maroney
    • Top 25 Contributor
    • User Since: 2004
    • Posts 316
    • Products:  Accounting for Nonprofits, Admissions and Registrar's Office 6, Blackbaud Student Information System, The Education Edge, The Financial Edge, Blackbaud FundWare

    Re: Fixed Assets

    Reply Contact

    Once an asset is disposed it should no longer be included in the calculation or display as an exception on the Depreciation Control report.  This issue is reported in BB512048.
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