Your whole fleet's asset value

See total purchase cost, wear-based current value, and (optionally) a scheduled book value across every tracked unit.

Where to find it

Fleet → More → Depreciation (the page is titled Depreciation portfolio)

While each unit tracks its own depreciation, this page rolls every individually-tracked unit up into one view, so you can see what your whole fleet is worth right now.

Where to find it

Fleet → More → Depreciation. The page is titled Depreciation portfolio, with a ← Back to fleet link.

Fleet-wide depreciation totals and the per-unit table. The Book value on schedule section is not shown here because no unit has a depreciation schedule yetFleet-wide depreciation totals and the per-unit table. The Book value on schedule section is not shown here because no unit has a depreciation schedule yet

How it works

Four summary numbers, based on wear (how much each unit has actually been used):

  • Tracked units — how many units have per-unit tracking and a purchase price on file.
  • Total purchase — what you paid for all tracked units combined.
  • Current value — what those units are worth now, after wear-based depreciation.
  • Depreciated — the total dollar amount lost, plus the average percentage lost across the fleet.

If at least one unit has a full depreciation schedule set up (cost, expected salvage value, and useful life), a second section appears:

  • Book value on schedule — shows "N of M units have a schedule", then Cost basis (scheduled units), Accumulated depreciation, and Book value for just those scheduled units, calculated in whole-month periods. If no unit has a schedule, this section is simply not on the page.

Below the numbers, a table lists each tracked unit by Fleet item, Unit, Status, Purchase, Current, Depreciation and % (plus a Book value column once a unit has a schedule). If no unit is tracked it says "No tracked units yet" instead. At the bottom, a Sold in [year] section lists units you sold that year with Sale price, Book value at sale and Gain / loss, with ← and → year links.

Example

If you've bought 5 jet skis for $8,000 each ($40,000 total) and wear has brought their combined current value to $28,000, the top cards show Total purchase $40,000, Current value $28,000, Depreciated $12,000. If you've also set a 5-year depreciation schedule on those units, the Book value on schedule section shows a separate, straight-line figure for your accountant.

Good to know

  • The two value numbers are not the same thing and won't match: Current value reflects actual wear and usage; Book value is a scheduled figure from the cost, salvage value, and useful life you assigned. Renta says so directly on the page.
  • The Book Value schedule is meant to hand to your accountant. It is not tax advice — it is not MACRS, Section 179, or bonus depreciation, and it isn't filing-ready.
  • If the page shows "No tracked units yet," it says to enable per-unit tracking and set a purchase price on a fleet item to fill the view — see Item variants: color, size, and other options for how units are set up and How a unit's value depreciates over time.
  • A unit you have marked as sold is left out of every total and row here. A unit that is only Retired (not sold) stays in. See Marking a unit as sold.

Still stuck? Ask the chat.

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