Depreciation methods
Reference for the calculation models supported by the engine
Straight Line (SLM)
(Cost − Salvage) ÷ Useful life
Spreads depreciable value evenly across every period of the asset's useful life. Simplest and most common method.
Written Down Value (WDV)
Book value × Rate %
Applies a fixed rate to the reducing book value each period, front-loading depreciation in earlier years.
Double Declining Balance
Book value × (2 ÷ Useful life)
An accelerated method that doubles the straight-line rate against the reducing balance for faster write-off.
Manual
User-entered amount per period
Lets accountants schedule bespoke depreciation amounts where statutory or contractual rules require it.