DEPRECIATION (amortization) refers to the decrease in the value of assets such as; buildings, vehicles, equipment, etc.  


Budgeto automatically calculates all depreciation using the straight-line method based on the most commonly used depreciation rates.

How to modify DEPRECIATION rates

Click here to access this section in Budgeto

1- Click on Assets on the left-side menu, and then select Capital Assets.


2-  Click on the button "Capital assets categories" in the top of the screen.


3- At this page, you will be able to modify any current depreciation rate (in years), as well as changing the Method from Straight-line to Declining.

4- IMPORTANT Don't forget to click on the SAVE button once you have finished modifying the depreciation rates.

Need help? These resources are for you!

1- There is a search bar at the top right of the screen, use it often!


Use words that you see on the section you are dealing with in order to search for related articles in our Knowledge Base. 

2- If you haven't found an answer to your question, create a support ticket and our team will find an answer for you:

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3- If you have any other questions about Budgeto, write us an email at:

Happy Budgeting and know that we are here for you if you need help! 

The Budgeto Team

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Related Articles (Please refer to the links below) 

- How to enter assets (Capital assets and Investments)

- How to enter sales

- How to enter expenses