Fixed Asset Report Not Balanced With GL Report
Published on
January 30, 2024 at 8:04:36 AM PST January 30, 2024 at 8:04:36 AM PSTth, January 30, 2024 at 8:04:36 AM PST
Scenario
Fixed Asset Report uses Depreciation History records to determine the amounts that it will show. This is usually the reason why Fixed Asset Report does not match with the GL Report. - Duplicate Acquisition History Record
- Missing History Record
- Missing Subsidiary, etc...
Solution
In some instances, the difference is from a simple neglect of selecting Include in Reports.
1. Navigate to Fixed Assets > Lists > Assets
2. Click Edit
3. Click General
4. Include in Reports: Enter check
5. Click Save
Custom FAM Asset Search of Assets Include in Reports is set to False:
1. Navigate to Reports > Saved Searches > All Saved Searches > New
2. Select FAM Asset
3. Under the Criteria tab, add the following filter:
4. Include in Reports is False (No)
5. Search Title: Enter Name
6. Click Save & Run