The depreciation cost is the occasionally dispensed expense of an asset’s actual purchase value. This actual purchase value is over the service life of the asset. At the point when organizations place a fixed resource in tasks for use over numerous years, they cannot cost the asset in one single period. Under such conditions, the organizations should depreciate the estimation of the asset after some time and charge related cost designation to depreciation cost. Utilizing depreciation cost enables organizations to more likely match resources utilized with the advantages given by the asset. Keeping a check at the Depreciation schedule at Capital Claims is also a useful thing to do. Here are a few advantages of the depreciation in Australian organizations as well as worldwide followed by the main disadvantages of depreciation.