Depreciate laptops, furniture and other equipment

Capitalize a purchase as a fixed asset and Accountable depreciates it each month over its asset class's life, like 36 months for computer equipment.

In Accountable: Accounting › SchedulesUpdated September 29, 2026

Steps

  1. Step 1: Open Accounting › Schedules and pick Fixed assets.

  2. Step 2: Press New schedule, or press Capitalize on a suggested purchase.

  3. Step 3: Fill in Description, Total and Placed in service, and pick the Asset class: Computer equipment (36 months), Furniture and fixtures (84), Equipment (60) or Capitalized software (36).

  4. Step 4: Press Create schedule. Depreciation posts at each month-end.

  5. Step 5: If you sell or lose the asset, open it and press Dispose.

Good to know

  • Set the smallest purchase to capitalize under Capitalize purchases from in Settings › Accounting basis.
  • Fixed assets change both cash and accrual books.

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