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
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