Calculating Depreciation

JosFKirby
Quicken Windows Subscription Member ✭✭
Does Quicken Home, Business & Rental Property calculate depreciation? I switched from having an accountant do my taxes and can carry on the calculations myself, but it would be nice if Quicken managed the depreciation calculation and schedule.
1
Best Answer
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Short answer, no. You can accomplish in Quicken with just a bit of setup. If you know the amount of depreciation for a given period, you can setup a reminder to post the negative amount to the same account. This sets up the schedule and only requires periodic monitoring.1
Answers
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Short answer, no. You can accomplish in Quicken with just a bit of setup. If you know the amount of depreciation for a given period, you can setup a reminder to post the negative amount to the same account. This sets up the schedule and only requires periodic monitoring.1
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Ok. I can do this. However, a depreciation schedule for a Rental Property program seems like a basic function that should be included. Disappointing.3
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