Tuesday, June 4, 2019

Asset Register report Net Book Value does not match the Net Book Value of the asset record

The Net Book Value on the Asset Register report is based on the Net Book Value found under the Depreciation History tab of the asset record on the Period Start Date and Period End Date set on the report.


Asset Register Report:
Period Start Date = 1/1/2013
Period End Date = 12/31/2013

The NBV amount on the report is the same amount that you will find on the Depreciation History tab of the asset record for the same dates (1/1/2013 and 12/31/2013)

The Asset Register report is time based and is not necessarily the same as the asset Current Net Book Value.

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