What is the Depreciation Expense in Quickbooks? The decline in the value of a physical asset is referred to as depreciation. A portion of an asset's value is reclassified into an expense account as it depreciates. Depreciation costs have no effect on cash.
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Set Up, Record & Calculate Depreciation in QuickBooks/QBDT/QBO?
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Set Up, Record & Calculate Depreciation in QuickBooks/QBDT/QBO?

To Set Up, Record & Calculate Depreciation in QuickBooks/QBDT/QBO you can utilizing Chart of Accounts tab in most of the QuickBooks versions.