honeysuckle

track purchase price and depreciation

every equipment card has a purchase date and price field. that gives you a depreciation starting point for tax-time conversations with your cpa — section 179, bonus depreciation, or straight-line.

3 steps~2 min
  1. 1

    fill in purchase date and purchase price

    on the equipment card, set the purchase date and the price you paid (pre-tax). takes 10 seconds.

  2. 2

    see the running asset value at the top of honeysuckle

    the dashboard sums total purchase value of active equipment. useful gut-check for an insurance policy renewal — you don't want under-coverage.

  3. 3

    hand the list to your cpa at year-end

    export the list to csv. your cpa decides the depreciation method and runs the actual tax math. honeysuckle gives them the inputs.

    tip

    honeysuckle doesn't run depreciation schedules itself — that's tax software territory. it tracks the inputs (purchase date, price, current condition) so the math is doable when your cpa asks.

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