Asset Disposals Report

To access this report, go to Reports > Fixed Assets > Asset Disposals

Use this report to create a list of transferred asset disposals.

Tip: If you're not familiar with the MIP Cloud Report Builder interface, see Report Builder for an introduction.

You can choose to use the report as-is by selecting Export or View, or make edits to the report by selecting Edit.

If you choose to make edits to the report, the Report Builder page will display. From this page, use the Setup tab to choose the columns you'd like to appear on the report. You can rename the columns under the Column Heading.

The following columns are available to include in the report:

Disposal ID	The ID assigned to the disposal
Disposal Date	The date of the disposal
Acquisition Code	An optional designation code, used to represent how an asset was acquired
Location Code	An optional designation code, used to represent the physical location of the asset
Responsibility Code	An optional designation code, used to represent the group or person responsible for the asset
Valuation Code	An optional designation code, used to represent the method used to determine the asset's value
Category	The category the asset belongs to
Asset ID	The asset's assigned ID
Description	The description of the asset
Original Asset ID	The ID of the original asset Original Asset ID fields can be used when you want to indicate an improvement to an existing asset, or to track assets that have been reclassified or moved to a different location. It is not a required field.
Acquisition Date	The date the asset was obtained
Begin Depreciation Date	The date to begin calculating depreciation
Method	The disposal method for the asset. It can be one of the following: S - Sale A - Abandonment L - Like-Kind Exchange E - Taxable Exchange I- Involuntary Conversion T - Transferred C- Casualty R - Retirement O - Other
Reason	The reason for the disposal
Full/Partial Disposal	Indicates whether the asset was a partial or full disposal
Before Disposal Cost/Basis	The cost or basis of the asset before it was disposed
Before Disposal Salvage Value	The salvage value of the asset when it is sold at the end of its usable life
Before Disposal Amount to Depreciate	The amount to depreciate (Cost or Basis minus Salvage Value)
Before Disposal Accumulated Depreciation	The accumulated depreciation amount for the asset
Before Disposal Life	The life of the asset, as entered when the asset was first added to the system
After Disposal Cost/Basis	The cost or basis of the asset after the partial disposal, if applicable
After Disposal Salvage Value	The salvage value of the asset after the partial disposal, if applicable
After Disposal Amount to Depreciate	The amount to depreciate the asset after the partial disposal, if applicable (Cost or Basis minus Salvage Value)
After Disposal Accumulated Depreciation	The accumulated depreciation amount after the partial disposal, if applicable
After Disposal Life	The remaining life of the asset after the partial disposal, if applicable
Taxable	Indicates whether the asset is taxable or not
Cost/Basis Disposed	The difference between the Before Disposal Cost or Basis and the After Disposal Cost or Basis
Accumulated Depreciation Before Disposal Depreciation	The difference between the Before Disposal Accumulated Depreciation Amount and the After Disposal Accumulated Depreciation Amount
Gain/Loss Disposed before Disposal Depreciation	The difference between the Cost or Basis Disposed amount and the Accumulated Depreciation Disposed amount
Disposal Depreciation	The depreciation calculated through the disposal process - it includes the additional months calculated between the asset's last depreciation date and disposal date
Transferred	Whether the disposal has been transferred to the general ledger, indicated by "Yes" or "No"
Distribution Code	The distribution code, based on the asset's type
Asset Account	The general ledger asset account, based on the asset's type
Accumulated Depreciation Account	The general ledger asset account for accumulated depreciation, based on the asset's type

Use the Filter tab to narrow down and define the data using the available filters.

Use the Options tab to Summarize Amounts on the report, implement security features, and more.

Select "Summarize Amounts" to add amounts together and display one line item with the total amount. All document information must be identical for the system to add items together.

Select "Do Not Allow Changes to this Report" to secure the report so that other users cannot save their changes to it. This option can only be undone by the user that locked the report.
Select "Year End Adjustments" to include year end adjustments on the report. This entry type was designated during transaction entry.
Select "Open Entries in Detail" to include opening balances (system or user opening entries) in detail.
Select "Replace total debits and credits with Balance" to show the net amount for each segment where totals have been requested. Otherwise, the report displays the total debits and total credits for each segment.
Select "Suppress Lines with All Zeros" so that documents with zero amounts do not print. This eliminates records having zero in all amount columns. If it is not selected, every line prints, even if it has a zero value.

Use the Layout tab to change the font and page setup for a report.