Depreciation & Appreciation

Overview

WorkVerge estimates how much a device is worth today compared to its purchase price. Depreciation means value lost over time (typical for laptops). Appreciation means value gained (uncommon but possible). Use this when finance plans refresh budgets or when comparing what Engineering vs Sales still has on the books, not as a tax or accounting system of record.

Where to view

• Device detail view. Depreciation Information section with current price, change amount, percentage, and last updated timestamp
• Asset ticket device modal. Same metrics when viewing a ticket linked to a device

What is shown

• Current price. Latest estimated market value
• Depreciation price. Dollar change from reference purchase price
• Depreciation / appreciation %. Positive = lost value; negative = gained value
• Last updated. When you last clicked Refresh

Refresh workflow

1. 1

   Open the device detail view

   Find the hardware from the list, or open from an asset ticket. Scroll to the Depreciation Information section.

2. 2

   Confirm purchase date and reference price

   Accurate purchase data drives the estimate. Carlos updates these when editing Sophie's MacBook if procurement sends the final PO amount.

3. 3

   Click Refresh

   WorkVerge fetches the latest market estimate. Large fleets may take a moment, run refresh on spare pool devices before finance's quarterly export.

4. 4

   Read current value and change

   Positive percentage means depreciation (value lost). Negative means appreciation, rare for laptops but possible for specialized gear.

Eligibility

WorkVerge shows depreciation when:

• Status is Active. Inactive and demo devices are excluded
• Device is unassigned. Assigned Active devices may hide value data; check spares and pool inventory for fleet totals
• Purchase date and price are set. Without reference data, estimates won't run

Example values