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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