<![CDATA[FrontAccounting forum — Item depreciation is not accounted in Profit & Loss statement]]>2020-03-05T02:27:23ZPunBBhttps://frontaccounting.com/punbb/viewtopic.php?id=8709<![CDATA[Item depreciation is not accounted in Profit & Loss statement]]>I purchased a laptop for $1000 -> depreciation 50% per year, but it will not show in Profit & Loss Statement at the end of the year.
What am I missing?
The item show as asset in the system but it's not calculated for end of year tax deduction.