Run depreciation

Last updated: June 20, 2026

Learn the concept
This is the step-by-step. For what it is and how it fits the bigger picture, read Depreciation in the reference.

What this does

Depreciation spreads an asset cost across its useful life. A depreciation run calculates the period charge for your eligible assets and posts it to the accounts.

Open Depreciation

Go to Menu > Fixed Asset > Depreciation and click Create.

DepreciationDepreciate NoautoDatetime30 Jun 2026DescriptionJune depreciationScheduleEligible assets · posts depreciation expense to the ledger
A depreciation run simplified mockup

Steps

  1. Set the Datetime for the run and a Description.
  2. Generate the schedule. Cloudby lists the eligible assets and works out each charge from its method and rate.
  3. Confirm to post. The depreciation expense and accumulated depreciation post to the ledgers you set on each asset.
Good to know. Depreciation currently runs on a yearly frequency. Each asset keeps a running value history so you can see its book value over time.

Related

  • Register a fixed asset
  • Read your financial statements