how to record depreciation

Business

How to Use QuickBooks to Calculate Depreciation?

Depreciation is a tax-deductible expense that businesses can use to reduce their taxable income over the life of an asset. In this QuickBooks tutorial, we’ll show you how to calculate depreciation using the company’s accounts and reports. What is Depreciation? Depreciation is a tax deduction that allows businesses to reduce their taxable income by deducting the cost of an asset,…