Skip to main content

Beancount plugin for fixed assets depreciation

Project description

Auto Depreciation Plugin

Auto depreciation is a beancount plugin to deal with fixed assets depreciation. In our daily life, we may buy some valuable goods like cars, phones, furniture, etc. All these transactions are preferred to be documented as transfer instead of expenses, otherwise, you cannot evaluate your daily expenses properly. This plugin can generate depreciation transactions automatically.

GitHub Workflow Status Codecov PyPI PyPI - License PyPI - Python Version GitHub last commit

Installing

pip install auto-depreciation

Configuration

The parameters passed to the plugin are:

  • assets: Fixed assets account.
  • expenses: Depreciation expenses account.
  • method: Depreciation method.

Parameter default values are as follows:

plugin "auto_depreciation.depreciation" "{
    'assets':'Assets:Wealth:Fixed-Assets',
    'expenses':'Expenses:Property-Expenses:Depreciation',
    'method':'parabola',
}"

Usage

Xiaoming is a young man. One day he bought a car and paid in cash. We assume that the original value of that car is 100,000 CNY and it will scrap after 10 years. The residual value is still 1,000 CNY.

He can use this plugin like this:

!!! example

```
plugin "auto_depreciation.depreciation"

2020-03-01 commodity CARS
    name: "cars"
    assets-class: "fixed assets"

2020-03-31 * ""
    Assets:Cash                     -100000.00 CNY
    Assets:Wealth:Fixed-Assets           1 CARS {100000.00 CNY, "BMW"}
        useful_life: "10y"
        residual_value: 1000
```

where we use metadata attached in the posting to pass residual value and useful life to plugin.

useful_life is the compulsory item and y represent years while m represent months.

residual_value is optional and by default 0.

!!! note

`residual_value` is rounded to 2 decimal places.

!!! example

```
2020-03-31 * "Example"
    Assets:Cash              -600.00 CNY
    Assets:Wealth:Fixed-Assets        1 LENS {600.00 CNY, "Nikon"}
        useful_life: "3m"
        residual_value: 200
```

The code above is equal to

```
2020-03-31 * "Example"
    Assets:Cash                     -600.00 CNY
    Assets:Wealth:Fixed-Assets        1 LENS {600.00 CNY, 2020-03-31, "Nikon"}
        useful_life: "3m"
        residual_value: 200

2020-04-30 * "Example-auto_depreciation:Nikon"
    Assets:Wealth:Fixed-Assets              -1 LENS {600.00 CNY, 2020-03-31, "Nikon"}
    Assets:Wealth:Fixed-Assets               1 LENS {379.74 CNY, 2020-04-30, "Nikon"}
    Expenses:Property-Expenses:Depreciation    220.26 CNY

2020-05-31 * "Example-auto_depreciation:Nikon"
    Assets:Wealth:Fixed-Assets              -1 LENS {379.74 CNY, 2020-04-30, "Nikon"}
    Assets:Wealth:Fixed-Assets               1 LENS {243.47 CNY, 2020-05-31, "Nikon"}
    Expenses:Property-Expenses:Depreciation    136.27 CNY

2020-06-30 * "Example-auto_depreciation:Nikon"
    Assets:Wealth:Fixed-Assets              -1 LENS {243.47 CNY, 2020-05-31, "Nikon"}
    Assets:Wealth:Fixed-Assets               1 LENS {200 CNY, 2020-06-30, "Nikon"}
    Expenses:Property-Expenses:Depreciation     43.47 CNY
```

If the amount of fixed assets is greater than 1, all will be depreciated like this:

!!! example

```
2020-03-31 * "Example"
    Assets:Cash                    -1200.00 CNY
    Assets:Wealth:Fixed-Assets        2 LENS {600.00 CNY, 2020-03-31, "Nikon"}
        useful_life: "3m"
        residual_value: 200

2020-04-30 * "Example-auto_depreciation:Nikon"
    Assets:Wealth:Fixed-Assets              -2 LENS {600.00 CNY, 2020-03-31, "Nikon"}
    Assets:Wealth:Fixed-Assets               2 LENS {379.74 CNY, 2020-04-30, "Nikon"}
    Expenses:Property-Expenses:Depreciation    440.52 CNY

...
```

Project details


Download files

Download the file for your platform. If you're not sure which to choose, learn more about installing packages.

Source Distribution

auto-depreciation-3.1.1.tar.gz (18.6 kB view hashes)

Uploaded Source

Built Distribution

auto_depreciation-3.1.1-py3-none-any.whl (18.1 kB view hashes)

Uploaded Python 3

Supported by

AWS AWS Cloud computing and Security Sponsor Datadog Datadog Monitoring Fastly Fastly CDN Google Google Download Analytics Microsoft Microsoft PSF Sponsor Pingdom Pingdom Monitoring Sentry Sentry Error logging StatusPage StatusPage Status page