CenterPoint® Fund Accounting - Depreciation Transactions Video - Duration: 6 min 38 sec

Fixed Assets Document

Depreciation of Fixed Assets Document

 

This vido discusses the process of preparing your depreciation transactions so that they contain current depreciation values and the result of posting depreciation transactions which is creating an expense allowing the owner of the depreciable asset to recover the cost of the asset purchases due to wear-and-tear and general use of the asset.