Process of generating a report

In the Assets screen, navigate to the Reports tab.   

Here, you are able to select which report you wish to generate. 

You are also able to filter the report by asset groups, if desired. 

Once you are happy with the settings and have confirmed you are running the report for the correct financial year, click on the Run Report button to view the report results. You can also click on Export to Excel to view a fully formatted Excel version of the displayed report. 

You can also customise the report. You are able to expand and collapse columns and rows, autosize columns and sort and filter the data. To do this, click on the hamburger menu to the right of the headers.   

For more information on navigating reports, see the knowledge article: Filtering and Formatting within Active Ledger.  

Hint: You can click on an asset from the report to navigate to the asset details and make changes if required. Closing the asset will then return you to the report. Click Run Report again to reflect the changes in your report.

Note: You can change the year you are viewing by selecting the relevant year in the Year dropdown menu at the top of the screen.

Generating a pool report (AU only)

When running a pool report you need to select the pool type from the Pool dropdown menu. There are three options; General Pool (default), Low Value Pool and Software Development Pool. Then select the Depreciation Type as either Taxation (default) or Accounting. 

Click Run Report.

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The report will not only display the pool summary, but also a list of all assets and their details that make up the pool.

Generating a tax disclosures report

The tax disclosures report is a very useful tool to help complete your tax return. Select Tax Disclosures from the Report dropdown menu and then click on Run Report.

To see a breakdown of an amount in the report, click on the information icon to the right of the relevant figure. This will bring up the detail of the tax return label.    

The tax disclosure report shown will depend on whether you have selected to use small business depreciation when setting up the depreciation year. 

For more information on how to edit the depreciation year, see the knowledge article: Assets - overview.

An example of a tax disclosure report without small depreciation rules is shown below.  

Adding to statutory reports

The ability to add a depreciation report into any statutory report is done through the Reports section of Active Ledger by adding a new depreciation page to the report and customising it. 

See the knowledge article: Reporting - pages for more information.