Advanced Feature: Asset Depreciation
Available for assets/shared resource tracking , depreciation is used to spread the cost of an asset over its useful life, resulting in adjustments to its book value and providing a depreciation expense. Depreciation results are required for a company's accounting and tax purposes.
Capabilities
- Built-in standard depreciation methods
- Ability to create custom depreciation methods
- Full control of all aspects such as calculating daily, monthly, yearly
- User configurable to the data collection fields you need
- Full reporting via the report wizard
