While depreciation does not use cash, you still want to reflect how quickly you are using your asset within QuickBooks. You can use QuickBooks to manually enter the depreciation for any asset that ...

Accumulated depreciation is the sum of an asset’s depreciation expense. It’s calculated from the start of its use to a specific date. It’s also a contra-asset account. That means it decreases the ...

Posting depreciation means to account for depreciation using the proper journal entries. Companies must depreciate their assets annually. Depreciating assets will match the cost to purchase the asset ...