Forum Message

Amortization?

Does Solar Account allow/calculate amortization of assets?

If so, does anyone know how? I can't find references to it.


Posted by Rodolphe Mortreuil on Apr 2, 2012 4:53 PM BST

Hi Rodolphe,

Solar Accounts doesn't have any features specifically for calculating your amortization figure - you will need to calculate this figure outside the software, then record a General Transaction similar to depreciation:
http://www.solaraccounts.co.uk/help/how-to-record-depreciation-of-an-asset.php

Regards,


Posted by Mark McLaren (Solar Accounts) on Apr 2, 2012 4:57 PM BST