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.
