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| academy:assetmanagementchecklists:requirementsfordepreciationcalculations [2022/06/29 13:21] – emoreno | academy:assetmanagementchecklists:requirementsfordepreciationcalculations [2023/09/11 15:10] (current) – emoreno | ||
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| - | ====Requirements | + | |
| + | ====Before You Begin: | ||
| + | |||
| + | Before you begin depreciation calculations, | ||
| + | |||
| + | VCV Generate and save/print the following reports: | ||
| + | |||
| + | * BAM1100 - Auditor Analysis Report - Verify that no errors exist. | ||
| + | * BAM1150 - Capital Assets/ | ||
| + | * BAM1650 - Property Class Listing | ||
| + | |||
| + | VCV The auditors should have provided the following | ||
| + | * Convention (FM/HY) | ||
| + | * Recovery periods for property classes. | ||
| + | * The capital items that are not disposable. | ||
| + | |||
| + | VCV You have disposed of items for the year you are calculating. | ||
| + | |||
| + | VCV You have removed any prior year disposed items. | ||
| + | |||
| + | ---- | ||
| + | |||
| + | ====Calculate Asset Depreciation: | ||
| ^VCV|{{page> | ^VCV|{{page> | ||
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