Depreciation is used to spread the cost of an asset over its useful life, resulting in adjustments to its book value and providing a depreciation expense. The depreciation results are required for a company's accounting and tax purposes.
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Passport Depreciation offers the following features:
Standard Depreciation Methods Built-In
Ability To Create Custom Depreciation Methods
Full Control Over All Aspects Such As Calculating Daily, Monthly, Yearly
User Configurable For The Data Collection Fields You Need
