Depreciate fixed company assets.
Fixed company assets such as vehicles, buildings, and equipment must be depreciated over a period of time. The EBMS Depreciation Module allows the user to easily post the depreciation expense to general ledger on a regular basis.
Applying asset depreciation costs on a monthly basis is an important management tool to properly manage the profitability of a company especially if the business owns a sizeable amount of fixed assets.
The EBMS Depreciation module gives the user flexibility and ease of use when planning the depreciable schedules. A variety of depreciation methods are distributed with the software, although additional user-defined methods can be created as well.
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