This page intentionally left blank. - Drake Software Support

Drake Software User’s ManualFixed Asset ManagerFixed Asset Managerb. Filter the client database — Click Next to open the Basic Search Conditionsdialog box. Edit settings as desired (see “Search Conditions” onpage 272), then click Continue.3. Choose to Print the depreciation list or to Export to File.• Print — Send the list to the printer. When the Print dialog box is opened,click Print.• Export to File — Depreciation lists exported to file are stored inDrake08\Reports as CSV files. Click OK.Use the Fixed Asset Manager to run reports based on client assets. Eight report types,shown in Table 12-4, are available.Table 12-4: Fixed Asset Manager Report TypesReport Type Report Description Items on ReportDepreciation SchedulesListingsSection 179 AssetsDispositionsDepartment SummaryYear SummaryDepreciation list sorted by asset number(assigned asset number and departmentnumber separated by a decimal; exampleof asset number: 122.01)Depreciation list sorted by asset number(assigned asset number and departmentnumber separated by a decimal; exampleof asset number: 122.01)Asset list of items expensed during thecurrent yearAsset list of items disposed of within thecurrent yearAsset summary report sorted by departmentor scheduleSummary report of assets on a yearlybasis, grouped by department. Eachdepartment has a summary line for eachyear up to 10 years prior. Also totalsdepreciation for 11 years and prior. Sortedby department then year.Asset Number, Description, DateAcquired, Date Sold, Gross Sales Price,Depreciation (Current), Cost or OtherBasis, Loss/GainAsset Number, Date Placed in Service,Method & Recovery Period, Business Percentage,Cost, Federal Basis, CurrentYear Sec 179, Prior Year Depreciation,State Depreciation, Amt Depreciation,Book Depreciation, Tax Schedule, Code,Date DisposedAsset Number, Department Number, AssetDescription, and Date Placed in Service,Cost, Section 179 Expense Amount, PriorYear Carryover, and the Current Year Sec179 deductionAsset Number, Department Number, AssetDescriptions, Date Acquired, Date Sold,Gross Sales Price, Depreciation Amount,Cost or Other Basis, Loss/Gain.Produces an asset summary report sortedby department or scheduleYear Acquired, Cost, Prior Federal Depreciation,Current Federal Depreciation,Total Federal Depreciation, State PriorDepreciation, State Current Depreciation,and Total State Depreciation.Tax Year 2008 277