QuickBooks Desktop | Applying Depreciation to Fixed Assets “Two Ways”

Well different types of fixed assets that you buy to generate income have different lifespan which must be taken into account to calculate the depreciation value and …

QuickBooks Desktop | Applying Depreciation to Fixed Assets “Two Ways”

Well different types of fixed assets that you buy to generate income have different lifespan which must be taken into account to calculate the depreciation value and different methods are used to calculate the value. like, Straight Line Depreciation Method, Diminishing Balance Method, Double Declining Balance Method. And If you don’t know how to calculate the depreciation value, you need to contact to your tax-preparer and or CPA who will help you with that. Anyhow, in this tutorial we will see two ways of recording depreciation value in quickbooks desktop

I hope this tutorial will be helpful for someone out there and Thanks for Watching & Don’t Forget To Like, Share & Subscribe.

Author: M. Javed

I work as a Virtual Assistant and offer my services to Individuals and SMEs in Areas; - Accounting and Bookkeeping "Primary field" - Customer Services - Admin Support So, as a virtual assistant, I invite you to contact me at your convenience to schedule a discovery call to see how I can be of some help to you.

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