Depreciation Guru

Depreciation Experts Since 1991

Rounding errors have traditionally been an issue found when using depreciation software.  The problem comes from the basic division of asset cost over a number of periods.  For example, take a fixed asset with a cost of $1.00 spread over 3 months.  This would result in $.33 per period, but when multiplied by 3 periods [...]

This post will begin a series of posts to help create an understanding of fixed asset depreciation reporting.  Many companies use a variety of different software solutions capable of generating numerous reports.  Such reports include roll forward reports,  monthly depreciation expense reports, asset acquisition reports, and more.  Here you will find the description of a [...]