CMI Fixed Assets Blog

CMI Fixed Assets has a Depreciation Projection feature.

You can find it under Reports on the left side bar or across the top under Depreciation Projection. 

This feature/report allows you to project your depreciation either 5 years or 10 years into the future. 

Once you click the Depreciation Projection icon, the Projection box pops up. It shows the current year end as well as the first projection year end at the top of the box. 

The black arrow points to the spot where you can select 5 years into the future or 10 years into the future. 

You can also choose to project the data for all assets or selected assets as determined by your chosen criteria. And as with all other reports within CMI you can choose which schedule you would like to project AND whether you want totals only or asset details. 

These projections are based on the assets that you have currently entered into the CMI Fixed Asset software. To create a what if scenario, you could create a new company and enter data based on the possible acquisition and disposition of assets as well. 

If you have any questions concerning the projection of depreciation data within CMI Fixed Assets, or anything else related to CMI, please feel free to contact us at 1-800-678-3658.

Within CMI Fixed Assets, the depreciation that is shared through the Depreciation Schedule reports is your annual depreciation. If you want to see depreciation for just one month or by month that can be found under the Month/Quarter Depreciation report. 

Once you click the Month/Quarter Depreciation report icon, it gives you the option to choose Monthly or Quarterly. In this case I chose monthly. Now the Depreciation By Month box is available. 

Here you can choose to print the full year's depreciation by month, or you can choose a single month. 

If I had chose Quarter after clicking the Month/Quarter icon, the Depreciation by Quarter box would be available. Here you can see you now have the option to print the depreciation for the full year by quarter or you can choose a single quarter to print as well. 

Available at bottom of both boxes, is the option to include Year to Date Amounts, the Original Cost or the Net Book Value. You can choose to add any of these items simply by selecting the circle next to the information you would like to include.

If you have any questions concerning printing Monthly or Quarterly reports, please feel free to contact us here at CMI at 1-800-678-3658 and we would be glad to assist you!