41 seconds, with voice and captions. The company on screen is a demo with invented books.
The steps
- Click “Add asset”. “Upload PDF” of the purchase invoice, or describe the asset in plain words.
- The Asset panel fills in: what it is, cost, in-service date, useful life, salvage. Check every value.
- The book depreciation preview shows the amount per year and the total. Press “Add asset” to record it.
- Depreciation posts at the close.
- A change makes a new version of the asset. The old version is kept, never overwritten.
What the video says
Every word, written out
Fixed assets. What the company owns, and its depreciation.
Click Add asset.
Upload the purchase invoice as a PDF, or describe the asset in plain words.
The asset panel fills in. What it is, the cost, the in-service date, the useful life, and the salvage. Check every value.
The book depreciation preview shows the amount per year, and the total. Add asset records it.
Depreciation posts at the close. A change makes a new version of the asset. The old version is kept, never overwritten.
Try it on your own books. One set of books is free.