Need a way to specify the live of a fixed asset and it should automatically post depreciation to each month or year at predefined rate
Need a way to specify the live of a fixed asset and it should automatically post depreciation to each month or year at predefined rate
3
votes
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Charles commented
The current workaround of recurring journal entries is insufficient for a fixed asset register.
Most accounting platforms have a fixed asset register with depreciation calculations. It is very surprising that Books does not.Please can this be added.
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Bala commented
*Life