The Depreciation Entries tab enables you to monitor the decrease in value of your company's fixed assets throughout their anticipated lifespan.
To create a new depreciation entry, click the New Depreciation Entry button.
The Depreciation Entries tab features several columns:
This column displays the entry date for the depreciation.
The depreciation entry reference number is shown here for easy identification.
Provides an explanation of how to record the depreciation.
Lists the titles of fixed assets included in each depreciation entry.
If you are using divisional accounting, this column includes the names of divisions associated with each depreciation entry.
Shows the amount entered for depreciation.