Enter the corresponding depreciation properties (linear / declining balance depreciation, scheduled / unscheduled depreciation, and start and end of depreciation) for your objects and assets. The reduction in value will then be calculated automatically in each case.
Once you have subscribed to “KLARA Business RELAX” in the Widget Store, asset management is available to you.
In the menu, click on “Accounting”, then at the entry points click on “Object and asset management”.
Select the relevant object and click right on “Configure now” at “Depreciation of assets”.
Start / end usage date
How long has the asset been in operation?
Basis for depreciation
Original value: depreciate from the original amount
Book value: book value from the last financial year
Effective depreciation
The percentage recorded determines how much of the original value (linear) or the last book value (degressive) is depreciated.
Scheduled depreciation
The scheduled depreciation reflects the intended usage period. For example, you can write off an asset over five years even though you plan to use it for ten years. The difference between the effective book value in accounting and the higher market value form hidden reserves.
Click on “Assume configuration”.
You can now choose how you want to carry out the depreciation.
If the depreciation is to be calculated automatically by KLARA, then click on the slider.
Frequency: monthly, quarterly or annually
Depreciation timeline
Average value
The depreciation is calculated on a daily basis, taking into account the effective operating life within the financial year.
Year-end value
The depreciation is calculated based on the book value from the previous financial year.
The results are directly visible after recording:
You can see the booking as the first event and also the current book value that can be found in accounting.
The current book value as of today can be seen in the summary of objects.
