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Accounting software
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chirpfarm
Posted 12/5/2024 14:23 (#10996829 - in reply to #10995739)
Subject: RE: Accounting software


South Central MN
I could be wrong, but I don't think Xero forces you to take depreciation, even if you do set up a depreciation schedule. There's a specific "Run Depreciation" button in the Fixed Assets page. It appears that if you never click that, depreciation never accumulates.

Its entirely possible I don't understand how xero operates regarding depreciation or that I'm not understanding your concern, but you might be overthinking it. I just gave it a ballpark usefull life & ballpark salvage value and called it good.





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