Inventory
Fixed assets
Straight line depreciation. Posting a period debits Depreciation and credits Accumulated Depreciation — the asset's original cost never changes.
Register
2 assets
| Asset | Purchased | Cost | Per month | Depreciated | Net book value | |
|---|---|---|---|---|---|---|
| Sony FX6 camera body 60 month life · 3 periods posted |
2025-10-30 | 4,80,000.00 | 7,200.00 | 21,600.00 | 4,58,400.00 | Post month |
| Editing workstation 36 month life · 3 periods posted |
2026-01-18 | 2,00,000.00 | 5,000.00 | 15,000.00 | 1,85,000.00 | Post month |
| Totals | 6,80,000.00 | 12,200.00 | 36,600.00 | 6,43,400.00 | ||