Can i upload list of my property plant and equipment and generate monthly depreciation expense? thank you

It's good to have you here in the Community, apvelasco-tesda-.

Let me share some insights about asset depreciation in QuickBooks Online.

QuickBooks helps you track depreciation of your assets overtime. However, it doesn't automatically generate monthly depreciation. That said, I'd recommend consulting an accountant for the best method in calculating assets depreciation.

You can set up your assets, then manually track their depreciation using journal entries.

To set up an asset account:

1. Go to the Gear ⚙ icon at the top.
2. Choose Chart of Accounts.
3. Click on New.
4. From the Account Type ▼ dropdown, select Fixed Assets.
5. From the Detail Type ▼ dropdown, select the option that closely describes the asset.
6. Name the account, then select the Track depreciation of this asset checkbox.
7. Put the current value of your asset in the Original cost field and the as of date. If recording the loan, leave this blank.
8. Once done, select Save and Close.

Visit this article for more information: Depreciate assets in QuickBooks Online.

You may also check out this link and learn how to record depreciation without using Journal Entry.

Please don't hesitate to drop by again and post your other concerns. We'll be here to help. Have a wonderful day!

@apvelasco-tesda- 

Another option, utilize a 3rd party app to calculate and post the depreciation value automatically into your QBO. It costs GBP 15/month for the first QBO account you manage.