{"id":6233,"date":"2021-07-12T13:24:50","date_gmt":"2021-07-12T13:24:50","guid":{"rendered":"https:\/\/moiboo.com\/supportdocs\/sample-user-guide\/getting-started\/depreciation-2\/"},"modified":"2021-07-12T13:33:10","modified_gmt":"2021-07-12T13:33:10","slug":"depreciation-2","status":"publish","type":"docs","link":"https:\/\/moiboo.com\/support\/docs\/sample-user-guide\/getting-started\/depreciation-2\/","title":{"rendered":"Depreciation"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\">Recording Depreciation<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Depreciation is recorded in the software while doing the year end processing. This needs to be recorded at a fair percentage calculated according to the wear and tear or according to the prescribed laws.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Let Me Show You How Depreciation Is Recorded In Moiboo Software.<\/strong><\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"868\" height=\"442\" src=\"https:\/\/moiboo.com\/supportwp-content\/uploads\/2021\/07\/image-231.png\" alt=\"\" class=\"wp-image-6234\" srcset=\"https:\/\/moiboo.com\/support\/wp-content\/uploads\/2021\/07\/image-231.png 868w, https:\/\/moiboo.com\/support\/wp-content\/uploads\/2021\/07\/image-231-300x153.png 300w, https:\/\/moiboo.com\/support\/wp-content\/uploads\/2021\/07\/image-231-768x391.png 768w\" sizes=\"(max-width: 868px) 100vw, 868px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">1.Click Settings, under Settings tab.<br>2.Click Account Ledger, under accounting tab.<br>3.Now click add a account button.<br><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"787\" height=\"698\" src=\"https:\/\/moiboo.com\/supportwp-content\/uploads\/2021\/07\/image-232.png\" alt=\"\" class=\"wp-image-6236\" srcset=\"https:\/\/moiboo.com\/support\/wp-content\/uploads\/2021\/07\/image-232.png 787w, https:\/\/moiboo.com\/support\/wp-content\/uploads\/2021\/07\/image-232-300x266.png 300w, https:\/\/moiboo.com\/support\/wp-content\/uploads\/2021\/07\/image-232-768x681.png 768w\" sizes=\"(max-width: 787px) 100vw, 787px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">4.Then Select Group (Other expenses)<br>5.Add ledger name (Depreciation).<br>6.Add Opening Balance( 0).<br>7.Now click create.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"801\" height=\"389\" src=\"https:\/\/moiboo.com\/supportwp-content\/uploads\/2021\/07\/image-233.png\" alt=\"\" class=\"wp-image-6237\" srcset=\"https:\/\/moiboo.com\/support\/wp-content\/uploads\/2021\/07\/image-233.png 801w, https:\/\/moiboo.com\/support\/wp-content\/uploads\/2021\/07\/image-233-300x146.png 300w, https:\/\/moiboo.com\/support\/wp-content\/uploads\/2021\/07\/image-233-768x373.png 768w\" sizes=\"(max-width: 801px) 100vw, 801px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><br><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">8.Go to Journal under accountant tab<br>9.Click add journal Button<br><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"806\" height=\"609\" src=\"https:\/\/moiboo.com\/supportwp-content\/uploads\/2021\/07\/image-234.png\" alt=\"\" class=\"wp-image-6238\" srcset=\"https:\/\/moiboo.com\/support\/wp-content\/uploads\/2021\/07\/image-234.png 806w, https:\/\/moiboo.com\/support\/wp-content\/uploads\/2021\/07\/image-234-300x227.png 300w, https:\/\/moiboo.com\/support\/wp-content\/uploads\/2021\/07\/image-234-768x580.png 768w\" sizes=\"(max-width: 806px) 100vw, 806px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">10.Add a Description for your reference.<br>11.Select the Date.<br>12.Fill the Reference Number and click Here is the Proof.<br>13.Now select Depreciation ledger and add amount under credit column.<br>14.Select fixed asset (Computer) and add sale amount under debit column.<br>15.Then save.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Recording Depreciation Depreciation is recorded in the software while doing the year end processing. This needs to be recorded at a fair percentage calculated according to the wear and tear or according to the prescribed laws. Let Me Show You How Depreciation Is Recorded In Moiboo Software. 1.Click Settings, under Settings tab.2.Click Account Ledger, under [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":2485,"menu_order":51,"comment_status":"open","ping_status":"closed","template":"","doc_tag":[],"class_list":["post-6233","docs","type-docs","status-publish","hentry","no-post-thumbnail"],"acf":[],"_links":{"self":[{"href":"https:\/\/moiboo.com\/support\/wp-json\/wp\/v2\/docs\/6233","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/moiboo.com\/support\/wp-json\/wp\/v2\/docs"}],"about":[{"href":"https:\/\/moiboo.com\/support\/wp-json\/wp\/v2\/types\/docs"}],"author":[{"embeddable":true,"href":"https:\/\/moiboo.com\/support\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/moiboo.com\/support\/wp-json\/wp\/v2\/comments?post=6233"}],"version-history":[{"count":1,"href":"https:\/\/moiboo.com\/support\/wp-json\/wp\/v2\/docs\/6233\/revisions"}],"predecessor-version":[{"id":6239,"href":"https:\/\/moiboo.com\/support\/wp-json\/wp\/v2\/docs\/6233\/revisions\/6239"}],"up":[{"embeddable":true,"href":"https:\/\/moiboo.com\/support\/wp-json\/wp\/v2\/docs\/2485"}],"wp:attachment":[{"href":"https:\/\/moiboo.com\/support\/wp-json\/wp\/v2\/media?parent=6233"}],"wp:term":[{"taxonomy":"doc_tag","embeddable":true,"href":"https:\/\/moiboo.com\/support\/wp-json\/wp\/v2\/doc_tag?post=6233"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}