Depreciation Report (drill-down)

The Depreciation Report provides information regarding the depreciation of equipment during a specified time period. The report is available from the Equipment icon in the Aspire Navigation Bar. This report displays any active equipment item that experienced depreciation during the time range of the report. The report provides many fields for display and filtering, but the following fields warrant special explanation:

• Monthly Cost: Equipment Purchase Cost / Asset Life (Cap EX Months). Cap EX Months is specified when you define the equipment model in Admin.
• Accumulated Depreciation: Depreciation accumulated from the equipment in-service date through either the end of the reporting period or the end of equipment depreciation, whichever comes first. End of equipment depreciation is determined based on the in-service date and the Cap EX Months value for the equipment model.
• Period Depreciation: Specifies the amount of depreciation accumulated from the beginning of the reporting period through either the end of the reporting period or the end of equipment depreciation – whichever comes first.
• Book Value: Purchase Cost - Accumulated Depreciation
• Remaining Depreciation: Purchase Cost - Book Value
• Disposal Gain: If the disposal amount is greater than the book value, then the Disposal Gain shows the difference. Otherwise, it shows $0.
• Disposal Loss: If the disposal amount is less than the book value, then the Disposal Loss shows as the difference. Otherwise, it shows $0.