The Depreciation Entries tab enables users to monitor the decrease in value of the company's fixed assets throughout their anticipated lifespan.
To create a new depreciation entry, click the New Depreciation Entry button.
The Depreciation Entries tab displays the following columns:
The date when the depreciation was recorded
A unique reference number for the depreciation entry
A description or explanation of the depreciation entry
The names of fixed assets included in this depreciation entry
The names of divisions associated with the depreciation entry (if divisional accounting is enabled)
The total depreciation amount for this entry