Why are assets showing up on Discrepancy Report

Why are assets showing up on the Discrepancy Report?

Capital Assets

Informational

• Active assets appear on the report when the sum of the general ledger postings made to type 1 accounts does not do not equal the asset acquisition cost, or when the sum of postings to type 6 accounts do not equal the life-to-date depreciation for the asset.
• Retired assets appear on the current year report when the net total of general ledger transactions to either type 1 accounts, or type 6 accounts does not equal zero.

• Please note that this report was designed and built specifically for one site.  It was not designed to show the other sides of journals and therefore you may have assets show up on this report that are fine on both the GL and your asset.
• If you have questions on how to resolve a discrepancy on this report, or if you should be using this report, contact Enterprise ERP Assets and Civic Support