Archive for November 17th, 2009

Depreciation Rounding Errors: It’s Time to Solve Them (2009-11-17)

Rounding errors have traditionally been an issue found when using depreciation software.  The problem comes from the basic division of asset cost over a number of periods.  For example, take a fixed asset with a cost of $1.00 spread over 3 months.  This would result in $.33 per period, but when multiplied by 3 periods [...]

Understanding Depreciation Transfer Reports (2009-11-17)

Depreciation Transfer Reports will be the type of report described in our fifth post on depreciation reporting.  This report shows all of the transfer activity for a selected period or periods.  It displays both sides (transferred out and transferred in) of the asset movement.  The image at the bottom of the page shows a snap-shot [...]