Manual Depreciation

This article explains how to record manual depreciation for fixed assets in Qoyod, allowing you to enter the depreciation value manually instead of using automatic calculation.

Path in Qoyod

Fixed Assets › Depreciation › Add Depreciation

Step 1: Set the Category to “Manual Depreciation”

1. From the “Fixed Assets” dropdown menu, open “Fixed Assets”.
2. Click “Asset Categories”.
3. Open the required asset category (or create a new one).
4. Select the depreciation type: Manual Depreciation.
5. Save the category.

Step 2: Add Manual Depreciation

1. From the “Fixed Assets” dropdown menu, click “Depreciation”.
2. Click “Add Depreciation”.
3. Select the depreciation type: Manual.
4. Fill in the required data:
   • Asset name or asset category.
   • Depreciation date.
   • Depreciation value (entered manually).
5. Click “Save”.

Notes

• Manual depreciation is useful for cases where automatic straight-line depreciation rules do not apply.
• The depreciation type in the category must be set to “Manual” before recording any manual depreciation on the asset.