Inventory 1.26.0 Release Notes

Summary

This release of the SSDT Inventory application contains the following bug fixes and improvements as detailed below.

Bug Fixes

• The Item UI has been updated to require a Lease Type if the acquisition method selected is Leased.  The calculation for properly setting an item as capitalized was updated to look at both the acquisition method and lease type.

• The Item UI has been corrected to show the true value of the acquisition date.  Previously when importing an item, if the date was blank the UI would display the current system date.

  • Note, capitalized items with blank acquisition dates will show under Acquisitions Prior to System Startup on the Fixed Assets by Source report.

• Items that were both acquired and disposed of in the current year were not reporting acquisitions amounts correctly.  Also, disposition adjustments were showing up as a positive value on the Schedule of Change in Fixed Assets and Schedule of Change in Depreciation reports instead of a negative value.

  • This issue corrects the depreciation values for disposed of items in the current fiscal year.  Items should depreciate up through the disposal date only, previously the system was calculating depreciation for the full fiscal year.

  • The following reports will now display these values correctly: Schedule of Change in Fixed Assets and Schedule of Change in Depreciation. The Book Value report should now display the correct YTD depreciation amount as well.

  • Important: if you had items that were displaying incorrect depreciation amounts because the items were both acquired and disposed of in the current year, you should do the following

    • for previously closed fiscal years, reopen and close the fiscal year to recalculate depreciation values

    • for current fiscal year items the depreciation will be correct, you can confirm by running the Book Value and Schedule of Change in Depreciation reports

All updates for this release