In this video, learn how to manage the depreciation of assets so that the entries are automatically created periodically according to the depreciation method of your choice.
1. Why do we depreciate assets?
2. What does the degressive depreciation method do?
It automatically calculates, based on a factor, the amount of months necessary to fully depreciate an asset. Such a thing doesn't exist! It multiplies the last residual value of an asset by a chosen degressive factor. It takes the initial residual value and divides it by the number of planned entries.