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depreciation allowance
(redirected from Accumulated Depreciation)

   Also found in: Medical, Legal, Financial, Acronyms, Encyclopedia, Wikipedia 0.01 sec.
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Noun1.depreciation allowance - an allowance for loss due to depreciation
allowance, adjustment - an amount added or deducted on the basis of qualifying circumstances; "an allowance for profit"


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These include a set of specialized reports for detailing specific lists of business building blocks; an upgrade to "find and replace" that supports title prefixes and suffixes; self-reference support for formula projections, making it easier to create projections that are based on previous line-item values; and modifications to objects that allow accumulated depreciation and amortization to be reported as negative values.
Say a property owner bought a multifamily residential building in 1994 for $1 million The property shows accumulated depreciation of $364,000, leaving a tax basis of $636,000.
 
 
 
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