This is the Windows app named asset-book-depreciation whose latest release can be downloaded as AFdpr2a.exe. It can be run online in the free hosting provider OnWorks for workstations.
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SCREENSHOTS:
asset-book-depreciation
DESCRIPTION:
Depreciation is an accounting method, by which the dollar value of an asset (e.g. piece of equipment) is reduced, and applied to expense, as the asset is used and ages.
When you buy an asset, the cost of it is debited to an asset account at the top of the balance sheet. This is true even if you pay cash for it. This is in contrast to applying the asset cost all at once to an expense account. The reason is that the asset is of value to the business.
However, as the asset is used, and ages, it is correct accounting wise to decrease it’s value on the balance sheet, and apply the change in value during say, a month, to a cost account on the income statement. This APP calculates Straightline or Double Declining Balance book monthly depreciation.
Features
- Accounting
- Depreciation
Audience
Financial and Insurance Industry, Advanced End Users, End Users/Desktop
User interface
Win32 (MS Windows)
Programming Language
Visual Basic for Applications (VBA)
Database Environment
Microsoft Access
Categories
This is an application that can also be fetched from https://sourceforge.net/projects/asset-book-depreciation/. It has been hosted in OnWorks in order to be run online in an easiest way from one of our free Operative Systems.