Useful life & depreciation, simply

Depreciation sounds technical, but the idea is simple — and Fulkrum does the math.

• A big purchase helps your business for years, so its cost is spread over those years.
• That yearly slice is depreciation, and Fulkrum posts it for you.
• Useful life is how many years — we suggest a typical number you can change.

What happens next — you don't calculate anything; it's handled automatically.