You can use the Recurring function to have QuickBooks automatically depreciate the asset. You will be able to track depreciation automatically as a result of this. Simply choose the Suitable asset account, fill out the relevant information on the Information filling screen, select the Recurring option, and save the template. You can follow the steps below to learn how to set up Quickbooks Depreciation Online.
Select "New" from the drop-down menu.
Select "Suitable asset account" from the selections in the "Account" column.
You can fill out the required information on the "Information filling" page.
Then choose "Recurring" from the drop-down menu.
Save the template to automatically track depreciation.
You can make the account recurring by following these steps, which means QuickBooks will automatically record the depreciation.