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Run Depreciation For Your Assets
Run Depreciation For Your Assets
Ying avatar
Written by Ying
Updated over 5 months ago

Running depreciation for your fixed assets in Bukku is as simple as 1-2-3 as long you have it registered in your Bukku account. Let me show you how!

Running Depreciation

1. Navigate to Accounting -> Fixed Assets.

2. Click on +Depreciate on the top right.

3. At Depreciate To, select the month you want to depreciate your assets to. Eg. 12/2022 for depreciation until the end of 2022.

4. Bukku will show you the list of assets and its accumulated depreciation value for the entire period in the list.

5. If everything looks ok, click Depreciate.

Expecting more? Sorry to disappoint, that’s all for running depreciation in Bukku.

Inspecting the Depreciations

We recognize that sometimes it might not be a good idea if things are ‘too automated’ and you have no idea what’s going on. Fret not, we’ve got you covered, you can find out more about the automated depreciation with the below:

1. Navigate to Accounting -> Fixed Assets.

2. Click on the View button beside the asset you want to inspect.

3. Click on the Depreciations tab beside Info.

4. Here you go, the monthly depreciation will appear on your screen.

Rolling Back Depreciation.

In case you have made a mistake and is looking to roll back the depreciation by a few months:

1. Navigate to Accounting -> Fixed Assets.

2. Look for the 3 dots (…) beside Depreciate button.

3. Click on Rollback….

4. A pop-up will appear, asking you for the months you want to have the depreciation undone.

5. Select your desired month and click OK.

You’ve just successfully rolled back depreciation of all your assets for some of the months.

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