Purchase Order, Inventory Management, Quickbooks API and 100+ apps
Choose business apps. Launch minutes. Tailor your ERP system instantly without any development.
Enterprise glossary and term center
Research and understand all the intricate terms and definitions that surround the ecosystem of enterprise resource planning (ERP), enterprise software and no-code tools.
- Enterprise terms
- Depreciation
- Is Depreciation good or bad?
Depreciation - Is Depreciation good or bad?
Depreciation is the devaluing of an asset over time due to age or wear and tear. Alas, there's no avoiding this, just like the effects of aging on the human body. Thankfully, the IRS lets you deduct this loss of value from your business income. As a small business owner, this is a tax benefit you simply can't ignore.
