{"id":11855,"date":"2024-03-19T10:32:54","date_gmt":"2024-03-19T10:32:54","guid":{"rendered":"https:\/\/docs.daftra.com\/?post_type=user_manual&#038;p=11855"},"modified":"2024-03-24T10:35:30","modified_gmt":"2024-03-24T10:35:30","slug":"printing-assets-depreciation","status":"publish","type":"user_manual","link":"https:\/\/docs.daftra.com\/en\/user_manual\/printing-assets-depreciation\/","title":{"rendered":"Printing Assets Depreciation"},"content":{"rendered":"<section class=\"wpb-content-wrapper\"><p>[vc_row][vc_column][vc_column_text]Depreciation is an essential accounting tool for allocating costs and expenses throughout the useful life of assets such as printers. This systematic approach ensures an accurate representation of profitability by accounting for wear and tear on vital equipment. Beyond printers, various assets like software and machinery also undergo depreciation, allowing companies to make informed decisions about replacements and upgrades while maintaining financial accuracy.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_custom_heading text=&#8221;Assets Depreciation Methods&#8221; font_container=&#8221;tag:h2|font_size:28|text_align:center|color:%2304306b|line_height:2&#8243; use_theme_fonts=&#8221;yes&#8221; css=&#8221;.vc_custom_1711276432061{margin-left: 200px !important;background-color: #f6f9fc !important;border-radius: 4px !important;}&#8221;][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]<\/p>\n<ol>\n<li>Click on\u00a0<strong>\u201cAccounting\u201d<\/strong>\u00a0from the main menu.<\/li>\n<li>Click on\u00a0<strong>\u201cAssets\u201d<\/strong>.<\/li>\n<li>Click the button\u00a0<strong>\u201cAdd Asset\u201d<\/strong>.<\/li>\n<li>Add the asset\u2019s details. For more information on the nature of the required fields, refer to the guide\u00a0<strong><a href=\"https:\/\/docs.daftra.com\/en\/tutorial\/adding-a-new-asset\/\">\u201cAdd a new Asset\u201d<\/a><\/strong>.<\/li>\n<\/ol>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/docs.daftra.com\/wp-content\/uploads\/2024\/01\/Printing-Advertising-Management-7.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-11889\" src=\"https:\/\/docs.daftra.com\/wp-content\/uploads\/2024\/01\/Printing-Advertising-Management-7.png\" alt=\"\" width=\"1346\" height=\"633\" srcset=\"https:\/\/docs.daftra.com\/wp-content\/uploads\/2024\/01\/Printing-Advertising-Management-7.png 1346w, https:\/\/docs.daftra.com\/wp-content\/uploads\/2024\/01\/Printing-Advertising-Management-7-300x141.png 300w, https:\/\/docs.daftra.com\/wp-content\/uploads\/2024\/01\/Printing-Advertising-Management-7-1024x482.png 1024w, https:\/\/docs.daftra.com\/wp-content\/uploads\/2024\/01\/Printing-Advertising-Management-7-768x361.png 768w\" sizes=\"auto, (max-width: 1346px) 100vw, 1346px\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<p>After filling in the asset and pricing details scroll down to find the &#8220;<strong>Asset Depreciation<\/strong>&#8221;<\/p>\n<p>Enter the depreciation data for the asset:<\/p>\n<p><strong>Next Depreciation Date: <\/strong>Set the next depreciation date of the asset.<\/p>\n<p><strong>Depreciation End Date:<\/strong> Set the end date of the asset\u2019s depreciation.<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/docs.daftra.com\/wp-content\/uploads\/2024\/01\/Printing-Advertising-Management-8.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-11891\" src=\"https:\/\/docs.daftra.com\/wp-content\/uploads\/2024\/01\/Printing-Advertising-Management-8.png\" alt=\"\" width=\"1174\" height=\"633\" srcset=\"https:\/\/docs.daftra.com\/wp-content\/uploads\/2024\/01\/Printing-Advertising-Management-8.png 1174w, https:\/\/docs.daftra.com\/wp-content\/uploads\/2024\/01\/Printing-Advertising-Management-8-300x162.png 300w, https:\/\/docs.daftra.com\/wp-content\/uploads\/2024\/01\/Printing-Advertising-Management-8-1024x552.png 1024w, https:\/\/docs.daftra.com\/wp-content\/uploads\/2024\/01\/Printing-Advertising-Management-8-768x414.png 768w\" sizes=\"auto, (max-width: 1174px) 100vw, 1174px\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<p><strong>Depreciation Method:<\/strong> Specify the depreciation system for the asset, choosing from:<\/p>\n<p><strong>Straight-Line:<\/strong> A fixed value is deducted from the asset when the depreciation period is due.<\/p>\n<p><strong>Period<\/strong>: Determine the interval for depreciation calculation by adding a number and selecting \u201cDay\u201d, \u201cWeek\u201d, or \u201cMonth\u201d.<\/p>\n<p><strong>Fixed Depreciation Value:<\/strong> Add the fixed depreciation value periodically deducted from the asset\u2019s worth.<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p><a href=\"https:\/\/docs.daftra.com\/wp-content\/uploads\/2024\/01\/Printing-Advertising-Management-9.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-11893\" src=\"https:\/\/docs.daftra.com\/wp-content\/uploads\/2024\/01\/Printing-Advertising-Management-9.png\" alt=\"\" width=\"1067\" height=\"298\" srcset=\"https:\/\/docs.daftra.com\/wp-content\/uploads\/2024\/01\/Printing-Advertising-Management-9.png 1067w, https:\/\/docs.daftra.com\/wp-content\/uploads\/2024\/01\/Printing-Advertising-Management-9-300x84.png 300w, https:\/\/docs.daftra.com\/wp-content\/uploads\/2024\/01\/Printing-Advertising-Management-9-1024x286.png 1024w, https:\/\/docs.daftra.com\/wp-content\/uploads\/2024\/01\/Printing-Advertising-Management-9-768x214.png 768w\" sizes=\"auto, (max-width: 1067px) 100vw, 1067px\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<p><strong>Declining-Balance (Percentage):<\/strong> Depreciation is calculated as a percentage of the current value of the asset and deducted at the depreciation calculation time.<\/p>\n<p><strong>Period<\/strong>: Determine the interval for depreciation calculation by adding a number and selecting \u201cDay\u201d, \u201cWeek\u201d, or \u201cMonth\u201d.<\/p>\n<p><strong>Depreciation Percentage:<\/strong> Specify the percentage deducted from the asset value periodically.<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/docs.daftra.com\/wp-content\/uploads\/2024\/01\/Printing-Advertising-Management-10.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-11895\" src=\"https:\/\/docs.daftra.com\/wp-content\/uploads\/2024\/01\/Printing-Advertising-Management-10.png\" alt=\"\" width=\"1062\" height=\"306\" srcset=\"https:\/\/docs.daftra.com\/wp-content\/uploads\/2024\/01\/Printing-Advertising-Management-10.png 1062w, https:\/\/docs.daftra.com\/wp-content\/uploads\/2024\/01\/Printing-Advertising-Management-10-300x86.png 300w, https:\/\/docs.daftra.com\/wp-content\/uploads\/2024\/01\/Printing-Advertising-Management-10-1024x295.png 1024w, https:\/\/docs.daftra.com\/wp-content\/uploads\/2024\/01\/Printing-Advertising-Management-10-768x221.png 768w\" sizes=\"auto, (max-width: 1062px) 100vw, 1062px\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<p><strong>Units of Production:<\/strong> Determine the maximum number of units based on which the asset is depreciated.<\/p>\n<p><strong>Cost Per Unit:<\/strong> Specify the cost deducted when one unit of the asset is consumed.<\/p>\n<p><strong>Unit Name:<\/strong> Give a designation to the unit based on which the asset\u2019s depreciation is calculated.<\/p>\n<p><strong>Total Asset Units:<\/strong> The maximum number of units after which the asset is fully depreciated.<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/docs.daftra.com\/wp-content\/uploads\/2024\/01\/Printing-Advertising-Management-11.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-11897\" src=\"https:\/\/docs.daftra.com\/wp-content\/uploads\/2024\/01\/Printing-Advertising-Management-11.png\" alt=\"\" width=\"1072\" height=\"370\" srcset=\"https:\/\/docs.daftra.com\/wp-content\/uploads\/2024\/01\/Printing-Advertising-Management-11.png 1072w, https:\/\/docs.daftra.com\/wp-content\/uploads\/2024\/01\/Printing-Advertising-Management-11-300x104.png 300w, https:\/\/docs.daftra.com\/wp-content\/uploads\/2024\/01\/Printing-Advertising-Management-11-1024x353.png 1024w, https:\/\/docs.daftra.com\/wp-content\/uploads\/2024\/01\/Printing-Advertising-Management-11-768x265.png 768w\" sizes=\"auto, (max-width: 1072px) 100vw, 1072px\" \/><\/a>[\/vc_column_text][vc_message message_box_style=&#8221;3d&#8221; message_box_color=&#8221;alert-warning&#8221; css=&#8221;.vc_custom_1711276516790{margin-left: 200px !important;}&#8221;]<\/p>\n<blockquote><p><strong>Note: The fixed units system for depreciation is not automatically applied to the asset. Calculating the depreciation value and adding it manually within the asset file is required. For more details, refer to the guide \u201c<a href=\"https:\/\/docs.daftra.com\/en\/tutorial\/manual-depreciation-for-assets\/\">Manual Depreciation of Assets<\/a>\u201d.<\/strong><\/p><\/blockquote>\n<p>[\/vc_message][\/vc_column][\/vc_row][vc_row][vc_column][\/vc_column][\/vc_row]<\/p>\n<\/section>","protected":false},"author":23,"template":"","categories":[5242],"tags":[],"class_list":["post-11855","user_manual","type-user_manual","status-publish","hentry","category-printing-advertising-management"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Printing Assets Depreciation - Daftra Knowledge Base<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/docs.daftra.com\/en\/user_manual\/printing-assets-depreciation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Printing Assets Depreciation - Daftra Knowledge Base\" \/>\n<meta property=\"og:description\" content=\"[vc_row][vc_column][vc_column_text]Depreciation is an essential accounting tool for allocating costs and expenses throughout the useful life of assets such as printers. This systematic approach ensures an accurate representation of profitability by accounting for wear and tear on vital equipment. Beyond printers, various assets like software and machinery also undergo depreciation, allowing companies to make informed decisions [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/docs.daftra.com\/en\/user_manual\/printing-assets-depreciation\/\" \/>\n<meta property=\"og:site_name\" content=\"Daftra Knowledge Base\" \/>\n<meta property=\"article:modified_time\" content=\"2024-03-24T10:35:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/docs.daftra.com\/wp-content\/uploads\/2024\/01\/Printing-Advertising-Management-7.png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/docs.daftra.com\/#website\",\"url\":\"https:\/\/docs.daftra.com\/\",\"name\":\"Daftra Knowledge Base\",\"description\":\"Daftra\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/docs.daftra.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/docs.daftra.com\/en\/user_manual\/printing-assets-depreciation\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/docs.daftra.com\/wp-content\/uploads\/2024\/01\/Printing-Advertising-Management-7.png\",\"contentUrl\":\"https:\/\/docs.daftra.com\/wp-content\/uploads\/2024\/01\/Printing-Advertising-Management-7.png\",\"width\":1346,\"height\":633},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/docs.daftra.com\/en\/user_manual\/printing-assets-depreciation\/#webpage\",\"url\":\"https:\/\/docs.daftra.com\/en\/user_manual\/printing-assets-depreciation\/\",\"name\":\"Printing Assets Depreciation - Daftra Knowledge Base\",\"isPartOf\":{\"@id\":\"https:\/\/docs.daftra.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/docs.daftra.com\/en\/user_manual\/printing-assets-depreciation\/#primaryimage\"},\"datePublished\":\"2024-03-19T10:32:54+00:00\",\"dateModified\":\"2024-03-24T10:35:30+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/docs.daftra.com\/en\/user_manual\/printing-assets-depreciation\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/docs.daftra.com\/en\/user_manual\/printing-assets-depreciation\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/docs.daftra.com\/en\/user_manual\/printing-assets-depreciation\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/docs.daftra.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Printing Assets Depreciation\"}]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Printing Assets Depreciation - Daftra Knowledge Base","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/docs.daftra.com\/en\/user_manual\/printing-assets-depreciation\/","og_locale":"en_US","og_type":"article","og_title":"Printing Assets Depreciation - Daftra Knowledge Base","og_description":"[vc_row][vc_column][vc_column_text]Depreciation is an essential accounting tool for allocating costs and expenses throughout the useful life of assets such as printers. This systematic approach ensures an accurate representation of profitability by accounting for wear and tear on vital equipment. Beyond printers, various assets like software and machinery also undergo depreciation, allowing companies to make informed decisions [&hellip;]","og_url":"https:\/\/docs.daftra.com\/en\/user_manual\/printing-assets-depreciation\/","og_site_name":"Daftra Knowledge Base","article_modified_time":"2024-03-24T10:35:30+00:00","og_image":[{"url":"https:\/\/docs.daftra.com\/wp-content\/uploads\/2024\/01\/Printing-Advertising-Management-7.png"}],"twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebSite","@id":"https:\/\/docs.daftra.com\/#website","url":"https:\/\/docs.daftra.com\/","name":"Daftra Knowledge Base","description":"Daftra","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/docs.daftra.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"ImageObject","@id":"https:\/\/docs.daftra.com\/en\/user_manual\/printing-assets-depreciation\/#primaryimage","inLanguage":"en-US","url":"https:\/\/docs.daftra.com\/wp-content\/uploads\/2024\/01\/Printing-Advertising-Management-7.png","contentUrl":"https:\/\/docs.daftra.com\/wp-content\/uploads\/2024\/01\/Printing-Advertising-Management-7.png","width":1346,"height":633},{"@type":"WebPage","@id":"https:\/\/docs.daftra.com\/en\/user_manual\/printing-assets-depreciation\/#webpage","url":"https:\/\/docs.daftra.com\/en\/user_manual\/printing-assets-depreciation\/","name":"Printing Assets Depreciation - Daftra Knowledge Base","isPartOf":{"@id":"https:\/\/docs.daftra.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/docs.daftra.com\/en\/user_manual\/printing-assets-depreciation\/#primaryimage"},"datePublished":"2024-03-19T10:32:54+00:00","dateModified":"2024-03-24T10:35:30+00:00","breadcrumb":{"@id":"https:\/\/docs.daftra.com\/en\/user_manual\/printing-assets-depreciation\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/docs.daftra.com\/en\/user_manual\/printing-assets-depreciation\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/docs.daftra.com\/en\/user_manual\/printing-assets-depreciation\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/docs.daftra.com\/en\/"},{"@type":"ListItem","position":2,"name":"Printing Assets Depreciation"}]}]}},"_links":{"self":[{"href":"https:\/\/docs.daftra.com\/en\/wp-json\/wp\/v2\/user_manual\/11855","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/docs.daftra.com\/en\/wp-json\/wp\/v2\/user_manual"}],"about":[{"href":"https:\/\/docs.daftra.com\/en\/wp-json\/wp\/v2\/types\/user_manual"}],"author":[{"embeddable":true,"href":"https:\/\/docs.daftra.com\/en\/wp-json\/wp\/v2\/users\/23"}],"version-history":[{"count":7,"href":"https:\/\/docs.daftra.com\/en\/wp-json\/wp\/v2\/user_manual\/11855\/revisions"}],"predecessor-version":[{"id":15097,"href":"https:\/\/docs.daftra.com\/en\/wp-json\/wp\/v2\/user_manual\/11855\/revisions\/15097"}],"wp:attachment":[{"href":"https:\/\/docs.daftra.com\/en\/wp-json\/wp\/v2\/media?parent=11855"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/docs.daftra.com\/en\/wp-json\/wp\/v2\/categories?post=11855"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/docs.daftra.com\/en\/wp-json\/wp\/v2\/tags?post=11855"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}