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Fixed Asset Register: Why You Should Stop Tracking Depreciation in Excel
Are You Still manually Calculating Depreciation Every Month? It is the end of the month. You have closed the AP/AR, reconciled the bank, and now you have one final, tedious task: The Depreciation Journal. For many accountants, this means: Opening a giant Excel spreadsheet called "Fixed Asset Register 2025 (v3).xlsx" . Checking the formulas for Straight-Line vs. Declining Balance. Manually typing a General Journal (GJ) entry into ABSS for the monthly amount. Praying you didn't
Agnes Lee
Feb 232 min read
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