Auditors are always looking for you to be able to prove your Fixed Assets movements based on General Ledger postings. Because the Fixed Assets and Financial calendars operate independently, depreciation related to a prior financial period or year can be posted into the current period or year.
Reports from the Fixed Assets module work based on the Fixed Assets calendar. Cost and accumulated depreciation will always balance to your General Ledger (assuming all postings have been completed correctly). The difficulty is producing a report from Fixed Assets that shows the depreciation cost that has been posted to the General Ledger during the Financial Year.
*Assumptions: 1) SQL Reporting Services is already installed. 2) Remote access for deployment is available. If onsite is required, travel is not included.