Asset Transaction Journal report

Asset Transaction Journal report

The Asset Transactions Journals report lists details of the transactions you have carried out on your assets such as disposal, write off and revaluation, and gives you the figures to enter into MYOB Accounting software or the accounting package you use.

For example, when you purchase or dispose of an asset, your profit or loss on sale will be calculated automatically, and the appropriate journal entry for you to enter into your MYOB accounting software or another accounting package will be created.

Care must be taken when entering your journal into your accounting package because AssetManager Pro does not know how you have financed your purchase or what you have done with the proceeds from the sale of an asset. This report will therefore assume the proceeds from the sale of the asset are deposited in your bank and the funds required to purchase the asset have come from the bank; so it is advisable to check with your accountant before you enter this into your accounting package.

You can select all your assets or a selected asset. You can choose to report on asset book values or asset tax values. Choose to report from all journals or from acquisition journals or transaction journals only. You can restrict the period being displayed by entering a starting date in the Date From field and a finish date in the Date To field. You can also filter for a range of assets.

For information on how to access the report, view/edit the filters, display the report and output the report refer to the Viewing and Printing Reports article