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What is depreciation? And why it’s important.
September 21, 2021

What is depreciation? And why it’s important.

September 21, 2021

Depreciation is what happens when business assets lose value over time. It’s an often-forgotten cost of doing business – but it shouldn’t be. Here’s why depreciation is so important: It costs you money – Depreciation accounting involves working out how much value your assets lose each year, so it can be listed as a loss and…

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