Hello and welcome to my course efficient accounting with pro deposition Excel template. In this course I will explain what is depreciation what are the main methods of depreciation, I will explain related terms like fixed assets, intangible assets, return on value net book value, I will explain how deposition accounting works in general I'll be using a broad appreciation prepared from scratch in Microsoft Excel. This template determines accurate monthly and yearly depreciation if you have a sale of asset, it determines profit or loss on sale of assets and also it has a tons of flexibility. So, welcome to my course and let's get on with it.