Asset Replacement Schedule

Learn what data you need to enter and how to generate an asset replacement schedule report.

The Asset Replacement Schedule reports on estimated replacement costs by total and also by year, allowing you to budget for future estimated costs based on the current Consumer Price Index  (CPI).

In order to utilize the Asset Replacement Schedule, each asset you wish to include must contain the following information: original cost, in service date, and expected lifespan (in years).

Adding Asset Information

To add this information to an asset go to the Setup Menu > Assets > Select the Asset > Edit

Once you are in edit mode, scroll down towards the bottom of the page and populate the following fields for each asset as required.

• Original Cost
• In Service Date
• Expected Lifespan (In Years)

Save your changes.

Running an Asset Replacement Schedule Report

The Asset Replacement Schedule can be found via the main menu under Reports >Asset Replacement Schedule button.

Once that information is in the system, you can see an asset replacement schedule by going to the Reports Dashboard. Click on the blue Asset Replacement Schedule button.

You will be taken to a screen with your asset report. 

You can also adjust the Consumer Price Index (CPI) by entering the number and pressing the blue Reload button.