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Cheqroom's key features explained
Reporting & Depreciation
Calculate depreciation and book value of equipment
Calculate depreciation and book value of equipment

Know the expense cost and loss of value of your equipment at all times.

Mathilde avatar
Written by Mathilde
Updated over a week ago

Want to stay on top of your equipment's book value? Cheqroom's Depreciation add-on helps you to do just that!

Enabling the Depreciation add-on

  • Click Settings in the bottom left corner of your screen

  • Click Add-ons

  • Scroll down to Depreciation

  • Make sure it's activated

Changing your Depreciation settings

  • Click Settings in the bottom left corner of your screen

  • Click Add-ons

  • Scroll down to Depreciation and click Settings

  • Choose the depreciation Method and fill in the estimated lifespan

  • Don't forget to click Save when you're done.

Adding items' purchase info

  • 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.

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