Voucher type: Depreciation Entry

Depreciation Entry is the voucher type BRAccount gives the Journal Entry it creates when an Asset Depreciation Schedule reaches a posting date. The entry debits the depreciation expense account of the asset category, Depreciation - Property, Plant and Equipment, and credits Accumulated Depreciation, so the asset's net book value falls while its cost stays on the asset account. In the demo ACC-JV-2026-00091 books Rs 1,235.54 for one month on the furniture and the laptop together. The label lets you filter all depreciation in the General Ledger and keeps it out of bank reconciliation. Book one by hand only to correct a schedule, and reference the Asset on the row.

Monthly depreciation = (Cost - Salvage value) / Useful life in months, straight line, summed over assets

1. 01Go to Assets > Asset Depreciation Schedule and open the schedule for an asset.
2. 02Each row shows a schedule date and amount; the scheduler posts rows whose date has passed.
3. 03Open Invoicing > Journal Entry and filter Voucher Type Depreciation Entry to see the postings.
4. 04Open ACC-JV-2026-00091; the rows below show the expense and the accumulated depreciation.
5. 05To force a missed posting, open the Asset and click Post Depreciation Entries.

Created automatically by the depreciation job; book one manually only to correct a schedule.

ACC-JV-2026-00091 is a Depreciation Entry of Rs 1,235.54 for the chairs and the laptop.