Assets

4.3 Asset Revaluation and Depreciation

Some assets fluctuate in value over time. Other assets depreciate over time, resulting in reduced asset values. The following two sections detail how to enter changes in asset values in Mclowd.

4.3.1  Asset Revaluation

4.3.2 Asset Depreciation

 


about the author:

Lorraine Cobcroft

With a background in accounting and financial management, followed by two decades writing software documentation, Lorraine joined the Mclowd team in mid-2016 and is enjoying working with a dynamic team to enhance an innovative product that has the potential to revolutionize the way Australians manage their retirement funding. Lorraine is also an accomplished business writer, ghost-writer, novelist and short-story writer and poet.

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