Question

Fixed Asset Report with Remaining Life

  • 29 June 2023
  • 2 replies
  • 101 views

Userlevel 5
Badge +7

Hello. I am trying to find a fixed asset report in IFS that shows the objects and their remaining (undepreciated) life in years and/or months. Does IFS have something like this? I would appreciate any help. Thank you.


2 replies

Userlevel 2
Badge +7

Hi,

I’m not sure if there is a report to do this in standard but one workaround could be the Object balances analysis page. From there you are able to find the valid from and valid to dates as well as all of the needed balances per object. By rearranging few columns I achieved the following results:

Then you are able to export the table into excel to get a ‘’report’’.

This screenshot is from Cloud but the same should be available with the same information in previous versions as well.

 

Hope this helps you!

Br, Samuel

Userlevel 5
Badge +11

Hi,

i am also not aware of a standard report to show the remaining since there a various calculations possible.

A workaround could be to create a depreciation plan until e.g. year 2099. If you sum up how often a object is in the depreciation plan (there is one entry per period) you will have as a result the remaining periods for depreciation.

Regards Ralph

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