Create depreciation at once for all asset accounts

Disclaimer

All screenshots in the article were taken in the Dutch version of Yuki.

You can decide whether you want to record depreciation for all asset accounts at once for a specific period or for an entire year.

The depreciation is always recorded on the last day of the selected period.

ATTENTION!

If you want to record depreciation for a whole year, 365 days will always be depreciated (or proportionally) if the first depreciation date falls in the year. Leap days are not included.

Hover your mouse over the Financials icon in the navigation bar, then click on Assets.

The following screen is opened:

>After selecting the appropriate period, in this case the first quarter of 2017, all asset accounts are shown for which depreciation has not yet been created in that period. 

You can now record depreciation for that period for all asset accounts at once by clicking on the Create depreciation button.

ATTENTION!

All assets in the asset group 'inventory and fixtures' were acquired after the first quarter in 2017 so they are not shown within the selected period.

The following screen is opened:

After clicking on the Create button, the relevant depreciation will be recorded.

The following message will appear on your screen:

>The asset statement now shows first-quarter depreciation in 2017 for the relevant asset accounts. 

In the asset statement for the whole of 2017, you can now see the status of depreciation.