Depreciation

Catalogued

The accounting method of dividing the value of an asset over its useful life for the allocation of cost per fiscal year and in parallel to decrease the value of the asset from the accounts of the company.

Depreciation sits under General Accounting in the Finance domain of the Luminid skills catalogue.

Also known as

accumulated depreciation
asset depreciation
book value depreciation
decrease in value
depreciation accounting
depreciation expense
depreciation method
depreciation schedule
devaluation
fixed asset depreciation

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