This Depreciation help note is part of our series on Cashflow Settings. A big chunk of your Cashflow Forecast and Balance Sheet budget is calculated for you in Calxa by using your Profit & Loss budget and the account and timing selections you make in Cashflow Settings.

Many of these account selections can be accurately made by Calxa when creating or updating your organisation data. The Cashflow Settings allow you to review and revise these nominated accounts and select payment schedules and rates where applicable.

  1. To review and edit your Depreciation accounts click on Budgets & Cashflow -> Cashflow Settings -> Depreciation.

    Depreciation menu
  2. Calxa will calculate your accumulated depreciation budget based on the depreciation expense budget you enter. The cashflow type for both will be set to none to ensure there is no cashflow effect from budgets in these accounts.

    Multiple accounts nominated in the accumulated depreciation category will be treated as a combined virtual account.

    Nominate your accumulated depreciation and depreciation expense accounts by selecting them from the drop-downs.

    Note you can nominate both depreciation and amortisation accounts in these categories.

  3. Click the Save Changes button at top right after you complete your selections.

    Want to learn more? Have a look at the other help notes in the Financial Settings series:

    GST / VAT
    Wages & PAYG

    Bank & Equity

    Superannuation (Pension Plan)

    Company Tax

    Cashflow (Basic Settings)

    Cashflow (Advanced Settings)

    Cashflow Statement

Did this answer your question?