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Fixed Assets

Last post 05-28-2008 11:46 AM by Donald Frink. 2 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

  • 05-27-2008 5:02 PM In reply to

    • Terry Milius
    • Top 200 Contributor
    • Posts 35
    • 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 1
    • Organization: Jewish Family & Children's Service

    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.
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