Fixed Asset Transaction Validation Report - Control Totals Report
Report Name
Fixed Asset Transaction Validation Report - Control Totals
RMDS Report Group
FA100-1 Validation
Frequency
Every Wednesday and Friday
Records/Retention Requirements
ITEM 42907. Fixed Asset Transaction Validation Report - Control Totals (FAR001). Fixed asset activity.
Disposition Instructions: Destroy in office after 3 years and upon release from audits.
Use
This report provides control totals for transactions for each company in the run.
Content
This report lists by book number various control totals for each company in the run.
Totals
The report lists the following control totals: beginning cost, additions, transfers, reversals, retirements, adjustments, deletions, ending cost, Beginning Reserve, Additions, Transfers, Reversals, Retirements, Adjustments, Deletions, Ending Reserve. The report also gives by type, the totals the number of errors for the company and the total number of errors in the run.
Column Headings
The following column headings are listed by book number:
- Beginning costs
- Additions
- Transfers
- Reversals
- Retirements
- Adjustments
- Deletions
- Ending cost
- Beginning reserve
- Additions
- Transfers
- Reversals
- Retirements
- Adjustments
- Deletions
- Ending reserve