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depreciation
An accountant reviews period-end ledgers and close figures

Period-End Close

Run monthly profit and loss close or annual profit close from one place, using the remaining balance to calculate the amount.

Close
Monthly and annual
Calculation
Remaining account balance
A finance manager reviews fixed asset records and office equipment

Fixed Assets & Depreciation

Maintain fixed-asset records and depreciation plans, calculate period depreciation with the selected method, then post reviewed entries through vouchers.

Methods
Straight-line, double-declining, sum-of-years
Voucher
Post the depreciation result