Is depreciation accrued for the reduced fixed assets in the current month?

Fixed assets reduced in the current month shall be depreciated in the current month.

The enterprise shall accrue depreciation of fixed assets on a monthly basis, and the newly added fixed assets in that month shall be accrued from next month, and depreciation shall not be accrued in that month; Fixed assets reduced in the current month will still be depreciated in the current month, and depreciation will stop from next month. After full depreciation, depreciation will not be withdrawn regardless of whether it can continue to be used; Fixed assets scrapped in advance are no longer depreciated.

Depreciation is only a cost analysis. Depreciation is not a valuation of assets. It is neither a source of funds nor a purpose of funds. Therefore, the depreciation of fixed assets does not undertake the renewal of fixed assets. However, because the depreciation method will affect the income tax of enterprises, it will also have a certain impact on cash flow.

Depreciation of fixed assets Not all fixed assets are depreciated. Fixed assets that should be depreciated should meet the following conditions: the service life is limited and can be reasonably estimated, that is to say, fixed assets will gradually wear out during use until they have no use value.