oboloo

oboloo Glossary

Straight Line Accounting

oboloo Glossary

Straight Line Accounting

Straight Line Accounting is a form of financial accounting in which the total value of an asset is allocated as evenly as possible over several years. This method allows businesses to spread out their investments more evenly, resulting in smaller calculation errors and a more stable budget. With Straight Line Accounting, business owners can accurately predict how much their asset will cost them year after year, making it easier to plan ahead for the future. It’s a great way to stay on top of your finances and get the most out of your assets. So don’t hesitate – put your money in line with Straight Line Accounting today!

Want to find out more about procurement?

Access more blogs, articles and FAQ's relating to procurement

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

© 2024 oboloo Limited. All rights reserved. Republication or redistribution of oboloo content, including by framing or similar means, is prohibited without the prior written consent of oboloo Limited. oboloo, Be Supplier Smart and the oboloo logo are registered trademarks of oboloo Limited and its affiliated companies. Trademark numbers: UK00003466421 & UK00003575938 Company Number 12420854. ICO Reference Number: ZA764971