Straight-line method
Depreciation spreads cost less salvage evenly over the useful life in months.
Register each asset with its cost, salvage value and useful life, then run straight-line depreciation that posts to the ledger and keeps the asset's balance current.
Record cost, salvage value and useful life in months for each asset, with its acquisition date, accumulated depreciation and status all maintained as you depreciate it.
Trigger a depreciation run and Kanakku posts the expense and accumulated-depreciation entries, then updates the asset. Each run is keyed to a period so it can't double-post.
Depreciation spreads cost less salvage evenly over the useful life in months.
A run writes the depreciation expense and accumulated-depreciation entries for you.
Period keys make runs safe to repeat without double-counting.
Optionally post the purchase as Dr fixed asset / Cr bank when you register it.
Self-hosted, source-included, white-label ready. No per-seat SaaS lock-in.