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    Fixed Asset Activity - Place In Service
    • 30 Jul 2024
    • 2 Minutes to read
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    Fixed Asset Activity - Place In Service

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    • PDF

    Article summary

    R365's Fixed Asset Activity - Place In Service report helps users track the activation of fixed assets within a business. This report provides detailed information about assets that have been placed into service, ensuring accurate financial records and effective asset management. This report supports users in strategic planning for asset deployment and replacement.


    1. In the Reports section of the left navigation pane, select My Reports.
      The My Reports screen appears.

    2. At the top of the My Reports screen, select Financial.
      The screen generates a list of reports in alphabetical order.

    3. Locate the Fixed Asset Activity - Place In Service report.

    4. Select Customize to adjust the report parameters and run the report.


    Report Parameters

    Field

    Description

    1

    Legal Entity

    Filters the report to show data for the selected legal entity.

    2

    Location

    Filters the report to show data for one or more selected locations.

    3

    Class

    Filters the report to show data for one or more selected fixed asset classes.

    4

    Asset

    Filters the report to show data for one or more selected fixed assets.

    5

    Year

    Year for which to run the report.

    6

    Category

    Filters the report to show data for one or more selected fixed asset categories.

    7

    Sort By

    Determines whether the report is sorted by Location or Asset Number.

    8

    Show Periods

    If set to Yes, data in the report is broken down by quarter and by periods in each quarter.
    If set to No, the report shows data by quarter.

    9

    Assets Without Activity

    If set to Yes, the report shows all assets, including assets with no activities posted in the specified year.
    If set to No, the report only shows assets with activities posted in the specified year.

    10

    View options

    This section provides options to select, save, edit, or delete a report view.

    11

    Run

    Generates the report. Click the down arrow to the right of the Run button to export, email, or print the report.


    Report Columns

    Column

    Description

    Location Number

    Number used to identify the location responsible for the asset.

    Location Name

    Name of the location responsible for the asset.

    Asset ID

    Number used to identify the asset.

    Asset Name

    Common name of the asset.

    Placed In Service Date

    Date when the asset went into active use.

    Convention

    ​Indicates the depreciation convention applied to the asset, which determines how depreciation is calculated in the first and last months of an asset's life.

    Status

    Current status of the asset. For more information, see Asset Record.

    Acct Num

    Number used to identify the main account associated with the asset.

    Acct Name

    Name of the main account for the asset.

    Timeline

    Shows how the asset's value has changed over the course of the year, by quarter or by period.

    ​YTD

    Total amount by which the asset's value has changed from the beginning of the year.

    LTD

    Total amount by which the asset's value has changed from the date when the Asset record was originally created in R365.

    Grand Total

    This row displays combined totals for all assets shown in the report.


    Email, Export, or Print the Report

    This report can be emailed, exported, or printed in custom formatting directly from the reporting window. 


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