Depreciation Guru

Depreciation Experts Since 1991

Asset Acquisition Reporting will be the topic of our fourth depreciation reporting post.
This report displays all of the assets acquired between the selected period begin and end dates.  The selected periods can be:

A single month
3 months or a quarter
6 months or half the year
12 months or the entire year
Any number of months to show year-to-date

When [...]

There are three critical dates for each individual fixed asset.  These dates establish when the asset was acquired, placed in service, and the start of depreciation.  These three dates are listed below:

Acquisition Date - the date the asset was purchased.
Service Date - IRS rules define when an asset is placed in service and depreciation of [...]