Depletion > Reports

Once the Compute Depletion cycle has completed, all the available reports will be populated with current year's depletion information. Each report is summarized by group and state. These reports can be used as supporting schedule for tax records and can be selected in any order.

65% Limitation Report	(All leases listed) - Master Supporting schedule for tax return preparer. Cost vs % depletion and lists the calculated tax depletion, book depletion and any carryover. This report will also reflect the greater of the following columns "Not Subject to 65% Limitation" or "After 65% Limitation - Pct Depl."
Marginal Production Report	(All Leases listed) Lists marginal vs non marginal properties
Property Balance Report	Leasehold Costs, Accum Depletion, and Carryovers by lease
Cost Depletion Report	(All leases listed) - calculates units of production depletion. This report has the ability to be exported as an XLSX file. Click on the "File" button at the bottom of the screen and choose the "Save to" option.
Percent Depletion Report	(All leases listed) - Calculated % depletion. This report has the ability to be exported as an XLSX file. Click on the "File" button at the bottom of the screen and choose the "Save to" option.
Overhead Computation Report	Computes allocated Overhead
Create Annual G/L Entries	Calculates cost depletion entries. TECH TIP: Use the same Contra Asset account unless you want to highlight the difference between book and tax basis.
Lease Grid Views	Lease property master displayed in a grid view