Item depreciation is not accounted in Profit & Loss statement

null@example.com (cristiart) — Thu, 05 Mar 2020 02:27:23 +0000

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.

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