Knowledge Base

11681: Book Depreciation

Fixed Asset Manager

Why is my Book depreciation is not calculating on my depreciation schedule?

Entries for book depreciation are used as record-keeping entries to track assets within the Fixed Asset Manager. These figures will not appear on the Depreciation Schedule in View mode of the return.

To obtain a report of book depreciation go to Reports > Fixed Asset Manager. Choose from the drop lists: (1) Report type: Depreciation Schedules, (2) Depreciation type: Book, and (3) Style type: Full Schedule, By Department, By Form/Schedule (1040), or By Asset Category, as you prefer. Starting in Drake16, you can also choose what columns you want to show on the report.

See "Fixed Asset Manager Reports" in Related Links below for details on the Drake16 enhancements. 

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