Want to stay on top of your equipments' book value? CHEQROOM's depreciation module helps you to do just that!
Choosing your Depreciation Method
- Click Items, next click Settings
- Scroll down to Depreciation
- Choose the Depreciation Method and fill in the estimated lifespan
Adding items' Purchase price and Purchase date
- Click Items, next click on one item
- Click Depreciation
- Fill in the item's Purchase price and it's Purchase date
- Fill in the item's Residual value
- The item's Book value will automatically be created.
- Scroll down to find a graph of the book value and a detailed report of the depreciation. The depreciation value is updated once a day.