Signup
Signup

Be the first to see the Savant Spring release + sneak peek at what’s next.  Register →

How To Build an AI-Ready Finance Function. Read the Guide →

On-Demand | See How Rover’s Tax Team Automated Sales Tax Workflows. Watch Now→

Login
Book a Demo

Depreciation Journal Entry

Depreciation entries spread asset costs over time. Automation calculates amounts and posts entries on schedule.
Back to Glossary

What is a Depreciation Journal Entry?

A depreciation journal entry records the periodic expense recognition of a fixed asset’s cost over its useful life. It debits depreciation expense and credits accumulated depreciation. Automated depreciation calculates amounts by asset class, applies different methods, and posts entries on schedule with documentation.

See also
Previous
Deep Learning

Deep learning is a subset of machine learning that uses multi-layered neural networks to analyze data, recognize patterns, and power AI applications like vision and NLP.
Next
Descriptive Analytics

Descriptive analytics reviews historical data to uncover trends, patterns, and insights, answering the question “What happened?”