# End Of Life Assets

### **Report Module Guide: Fully Depreciated Assets**

#### **Module Location**

#### Fixed Asset &gt; Reports &gt; End of Life Assets

#### **Module Objective**

#### The **End of Life Assets** report module is used to generate a list of all fixed assets that have reached the end of their useful life (economic life) and are **fully depreciated** as of a specific date. This report is crucial for identifying which assets are due to be disposed of (sold or written off) and replaced.

### **1. Report Parameters (Filter)**

#### The main page of this module is a form containing various parameters to customize the report that will be generated.

#### Here is an explanation for each parameter:

- #### **Group Filter**:
    
    
    - #### Select **All Groups** or **By Asset Group** to filter the report for a specific asset category.
- #### **As of**:
    
    
    - #### This is the primary filter to define the reference date. The report will display all assets whose useful life ends on or before this date (e.g., October 31, 2025).

### **2. Steps to Generate the Report**

#### **Step 1: Set Report Parameters**

#### Define the parameters you need, especially the **As of** date.

#### **Step 2: Generate the Report**

#### After all parameters are set, click one of the two buttons at the bottom:

- #### **\[Display Report\]**: To preview the report directly on your screen.
- #### **\[Export to MS Excel\]**: To download the report data in an Excel file format.

### **3. Reading the Report (Report Content)**

#### The generated report will be a list of assets whose book value has reached its salvage value (or zero) and whose useful life has ended.

#### This report displays basic asset details such as **Asset Name, Acquisition Cost,** and **Acquisition Date** to make it easy to identify the assets that require follow-up.

### **Tips &amp; Important Notes**

- #### Use the list from this report as the basis for starting the **asset disposal process** (either sale or write-off) in the **Asset Transaction** module.
- #### This report is very important for future **capital expenditure (CAPEX) budget planning**, as it shows which assets are old and may need to be replaced.
- #### Running this report periodically (e.g., annually) helps to maintain a **clean and accurate** fixed asset register.