You don't have to manually calculate depreciation expense amounts for your business if you use QuickBooks as your accounting system. QuickBooks' Planning & Budgeting section includes Decision Tools, one of which calculates your depreciation expense. Depreciation does not require the use of money. When it comes to accounting, depreciation is simply a way to show how quickly you're depleting an asset. Entering information about your fixed assets is the first step in using Quickbooks Depreciation calculations.
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