The Account Depreciation Method is a type of accounting that helps businesses keep track of their expenses as they relate to various assets, such as vehicles and equipment. This method works by allocating expenses over the lifetime of an asset while it is in use. By tracking these costs and recording them on a regular basis, businesses can maintain an accurate record of how much money has been spent on each asset. Additionally, this gives businesses the ability to plan ahead for future costs associated with those assets. When used properly, this method of accounting can help businesses manage their budgets more effectively, ensuring that all expenses are accounted for and that funds are allocated appropriately.