The Reports section within SapphireOne Asset module is based following two functionality:

Asset Control & Management Reports

Asset Control and Management Reports consist of seven functions. These are: Asset Details, Asset Valuation/Valuation by Method, Asset Depreciation/Historical Depreciation, Asset Management, Asset Transactions Report, Asset History Valuation Report, and Asset Capital Allowances Schedule

History Audit Reports

History Audit Reports consists of two functions. These are: Asset Transactions and Asset Audit Lines.

Assets Reports Key Features


Asset Details

This allows the printing of reports, with different levels of details about the assets from the master record.

Asset Valuation/Valuation by Method

Print simple or detailed reports for both tax and company depreciation methods.

Asset Depreciation/Historical Depreciation

Review assets for a current period or historically based on your primary or secondary depreciation method including historical cost, depreciation period and total to date data.

Asset Management

Allow management to review reports designed to assist in the control and tracking of your assets during various events that occur in the life of an asset.

Asset Transactions Report

Allows the printing of a one-line Transaction Reports, or an audit trail type Detailed Report.

Asset History Valuation Report

The Asset History Valuation Report produces reports about an asset’s valuation. Each method is listed and a Wide Report can be printed.

Asset Capital Allowances Schedule

Produce an ATO approved Asset Capital Allowance Schedule for end-of-year tax purposes.

Asset Transaction

Review all Historical Transactions in the database relating to Assets.

Asset Audit Lines

Allow management to track changes in the valuation of an asset by period.

Assets Module


Report Section

The Report menu of assets module allows a complete and comprehensive overview of companies Asset Registry.

Asset Details

Provides a summarised or detailed Asset Report, with the ability to print labels included.

Asset Valuation

Provides a summarised or detailed report for the two principle depreciation methods applicable to your data file.

Asset Valuation by Method

Provides a detailed report for the various depreciation methods applicable to your data file.

Asset Depreciation

Provides a summarised overview of assets based on the primary depreciation method including historical cost, depreciation period and total to date data.

Asset Historical Depreciation

Provides a summarised or historical Depreciation Report based on Primary and Secondary methods for the current period.

Asset Management

Provides an Asset Control Report for internal use.

Asset Transactions Report

This function provides historical reports into Assets.

Asset History Valuation Report

This function provides historical valuation reports into Assets.

Asset Capital allowances Report

There are three reports and these reports comply with the ATO reporting requirements for depreciating assets: Depreciating Assets, Low-Value Pool and Capital Allowances schedule for the current year.

Transactions

Provides a summarised and audit style report.

Assets Reports


Asset Valuation

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The Asset Valuation report allows the printing of detailed reports for the two principle depreciation methods. The Valuation Report prints a simple report with totals only. The Wide version prints a very detailed type of report about the selected asset/s. The Wide Report is a landscape report that will need to be reduced, due to the amount of detail provided. This may be achieved through page set-up. The report can be generated using a Report Type of Wide Details Tax 2 Line.

Assets Reports


Asset Depreciation

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Asset Depreciation function from Assets Reports allows the printing of Depreciation Reports showing TTD, profit/loss and capital gain on disposal. In the Print Destination drop-down menu, the last option will generate a tab delineated text file which may be opened by any spreadsheet program.

Assets Reports


Asset Historical Depreciation

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This function allows the printing of Depreciation Report for the prior year or the current financial year, for each asset. The report can be generated using the defaults, Report Type, Depreciation and a Report Sort Order by ID.

Assets Reports


Asset Managment

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This function allows the printing of reports designed to assist in the control and tracking of your assets during various events that occur in the life of an asset. These events are listed in the Report Types drop down menu.

Assets Capital Allowances Schedule


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In Australia, as of the tax year 2015, there have been some changes to the way depreciation for assets is to be reported to the ATO. When this Asset Capital Allowances Report is selected the following pop-up is displayed containing a drop-down menu with three options: Worksheet 1: Depreciating assets,
Worksheet 2: Low-value pool and Capital allowances schedule for the current financial year. The Capital allowances schedule for current financial year option will print out the report as seen below ready for lodgement with the ATO in Australia.

Assets Reports


History Section

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The HISTORY Menu is used to inquire into various historical information or data for assets. Two functions of the History section are Asset Transaction and Asset Audit Lines. Asset Transactions provides a list of all Historical Transactions in the database relating to assets including the current period. Asset Audit Lines allows you to track changes in the valuation of an asset by a period.