Asset Additions Report
Hi All-
I know that the Asset Additions report, per the documentation, lists all assets added or capitalized during the specified accounting period. Our asset clerks claim that the report is too unwieldy for them because an asset could appear in consecutive months and thus they have to run the report and manually carve out a number of assets already added.
By way of example, say we have an asset that first shows up in the Asset Additions Report on 31-DEC-14 and hits account 1000.
The next month, JAN-15, the asset is capitalized. When the clerk runs the Asset Additions report in January, that asset appears again, although because it's capitalized, it's now hitting account 1100.