Running Depreciation

Once all the assets are configured and setup, the Depreciation can then be calculated.

Calculate Depreciation (Single Asset)

Depreciation Run (Bulk)

Note: The Depreciation Run can be cancelled at any point before creating by simply closing your current screen

Update Book Value

Book values may need to be updated while an asset is being depreciated to ensure its recorded value remains accurate. Adjustments such as capitalised costs, partial disposals, corrections, or revaluations can change the asset’s cost basis, and updating the book value keeps depreciation calculations aligned with these changes.