Build a monthly depreciation schedule

Accruals Manager turns a schedule into a series of dated transactions. Start by choosing Depreciation for this equipment example.

Enter the equipment cost, service date, useful life, and posting accounts. This example uses twelve thousand dollars over five years, with straight-line depreciation. Then open Preview Schedule.

The schedule calculates sixty monthly entries of two hundred dollars each. Review the dates and amounts, then open Preview and Create Transactions.

Each scheduled entry becomes a balanced pair of journal lines. Review the accounts and descriptions here, then use Download CSV or Post to QuickBooks to complete your workflow.