• Depreciation

      By default, depreciation is disabled, admin can enable it from general settings from side panel under settings. In application there two methods, namely Straight Line and Diminishing Balance. In this application depreciation works on 3 factors like life cycle date, cost, and residual cost of the assets.

      To enable depreciation, in general settings select the depreciation method then select the yearly or monthly as per your requirement and finally click on save button.