How to Use Amortization and Depreciation Properly | Kaizen Time: Blood, Sweat & Business Podcast

Описание к видео How to Use Amortization and Depreciation Properly | Kaizen Time: Blood, Sweat & Business Podcast

Amortization and depreciation are both accounting methods used to spread out the cost of an asset over its useful life. The main difference between the two is that amortization is used for intangible assets, while depreciation is used for tangible assets. But what does all that mean? On this episode of Kaizen Time, Eric explains how these two methods can save your business thousands your businesses’ life.

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