Is there a Asset balance report by Financial period?

[Former Member]

Hi,

I am looking for a asset balance report by financial period because the reporting date field in the standard asset balance report selection screen does not correspond to the FI posting periods. It rather corresponds to the asset value date which can be different from the posting date of course.

Hence there is no way we can compare the asset balance report with the GL balance report unless there is an asset balance report by financial posting period.

[Former Member · Accepted solution]

Hi Raja,

Unfortunately all the asset reports will be based on asset value date. Most of the time asset value date and dcoument dates are kept the same. Posting date could be different. So if you are comparing G/L balance to asset balance it should match because your G/L balance is based on document date.

Paul