Edit asset
Depreciation is computed from these details on view — nothing is posted to a ledger.
Back
Asset name
Asset tag / code
(optional)
Category
(optional)
— Uncategorised —
Buildings & improvements
Machinery
Vehicles
IT equipment
Furniture & fixtures
Office equipment
Acquisition date
Acquisition cost (USD)
Salvage / residual value
Useful life (months)
Depreciation method
Straight line
Reducing balance
Straight line spreads (cost − salvage) evenly; the final period absorbs the rounding remainder.
Reducing-balance rate (% per month)
Applied to the book value each month, in exact integer cents. Book value never drops below salvage.
Note
(optional)
12 x engineering laptops.
Save changes
Live demo — you’re signed in as the admin. Sample data resets every hour.