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.
- Go to Accounts, then click Fixed Assets.
- Click Run Depreciation.
Select the end date.
To depreciate your fixed asset pools, select your financial year end date.
- Review the depreciation preview.
- 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.