The Depreciation Entries tab is a feature for tracking the reduction in the value of the company's fixed assets over their expected useful life.
Depreciation Calculation Worksheet
Even though Depreciation Entries tab allows manual entries, typically you would use Depreciation Calculation Worksheet under Reports tab to calculate the figures for you.
By default, you will see the following columns:
|Date||Date of Depreciation Entry|
|Description||Description of Depreciation Entry|
|Amount||Amount on Depreciation Entry|
Use Edit columns button to customize what columns should be visible under Depreciation Entries tab.
Clicking Edit columns button allows you to add additional columns to better suit your business requirements.
|Reference||Reference number of Depreciation Entry|
|Fixed Assets||List of associated Fixed Assets|
|Divisions||List of Divisions this Depreciation Entry affects.|