Create New Fixed Asset
Asset Information
Quick Tips
- Asset numbers must be unique
- Useful life is in months (12 months = 1 year)
- Salvage value is the estimated resale value
- Parent assets allow for hierarchical organization
Depreciation Methods:
- Straight Line:
- Equal depreciation each period
- Declining Balance:
- Higher depreciation in early periods
- Double Declining:
- 200% of straight-line rate
Estimated Monthly Depreciation:
$0.00
Based on current inputs