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Asset depreciation schedule for vehicles

Every vehicle becomes a depreciating asset with a schedule that posts to accounting.

Set by category

The asset category sets method, useful life, salvage value and accounts.

Confirming the asset generates its whole schedule, and each line is posted as it falls due.

Accumulated depreciation and book value are visible on the asset and drive disposal gain or loss.

Where does the depreciation go?

Each line posts a balanced journal entry.

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