I recently purchased a MacBook Pro for ~2500 EUR to use for my business operations. According to the tax regulations in Ireland, I am allowed to depreciate the cost of the MacBook Pro at a rate of 12.5% per year.
I am looking for guidance on how to accurately record this expense in Invoice Ninja and apply the yearly depreciation rate of 12.5%. Should I enter the entire expense initially and then adjust the value each year, or is there a feature in Invoice Ninja that can help automate the depreciation calculations over time?
I appreciate any advice or experiences shared on how to handle this within Invoice Ninja.
Thank you in advance for your help!