Depreciation Forecast

Last Updated January 25th, 2018 by Ethan Currah

In Officetrax Assets are used to represent a template for property that holds value to the company. These assets can be assigned to Locations and in doing so will create a Location Asset, which is used to track the current value/location of a particular instance of that asset. The value of a particular Location Asset instance is affected by the Asset Cost, Residual Value, and Lifetime of the Master Asset Template. To track these stats including end of life date, you can use the Depreciation Forecast.

Here's how to view a Depreciation Forecast:

  1. Navigate to your Assets under the Locations & Assets menu in the navigation bar.
  2. Select the Asset whose forecast you want to view.
  3. Click the Click to view the depreciation forecast link.
  4. You must enter the Asset Cost, Residual Value, and Lifetime to view the forecast.

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