Concepts guide - Depreciation

Jon Lapham lapham at jandr.org
Wed Nov 3 09:08:50 EST 2004


David Harrison wrote:
> On Tue, 02 Nov 2004 11:01:32 -0200, Jon Lapham <lapham at jandr.org> wrote:
>  
>>Ah, okay, so then the definition should mention something about "per
>>period"?  I do not like this wording... suggestions?  The problem with
>>the current definition is that it could be interpreted to mean the total
>>depreciation, $1000 in the example above.
> 
> Maybe "per accounting period"?

Okay, done.

> Accumulated depreciation - the accumulated total of book depreciation
> taken over the life of the asset.  This is accumulated in the
> depreciation account in the asset section.

Added.

> On this page http://www.gnucash.org/docs/v1.8/C/gnucash-guide/dep_accounts1.html
> in the sample account structure, I would change the "Accumulate
> Depreciation account" to "Accumulated Depreciation account" for
> constancy.
> 
> What do you think?

Looks good, I changed the word to "Accumulated ...".

-- 
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  Jon Lapham  <lapham at jandr.org>                Rio de Janeiro, Brasil
  Personal: http://www.jandr.org/
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