Run depreciation on registered fixed assets

If you have the Adviser user role, run depreciation on your registered fixed assets. Xero only runs depreciation on pooled assets for a full financial year. You can't depreciate draft assets.

  1. Go to Accounts, then click Fixed Assets.
  2. Click Run Depreciation.
  3. Select the end date.

    To depreciate your fixed asset pools, select your financial year end date.

  4. Review the depreciation preview.
  5. Click Approve.

(Optional) If you have pooled assets and run depreciation to your year end:

  • Click View pools to go to the Pools tab in Fixed Assets. You can make any pool adjustments needed.
  • Click OK to go to the Draft tab in Fixed Assets.

You can see what depreciation has been processed for an asset or a pool in the History & Notes.

You can roll back and redo depreciation at any time.