Equipment Depreciation

SOLVED

Hello me again...So I am reading the book for equipment and seeing how our company has equipment set up and wondering about depreciation.  My boss would love to do this on a monthly basis so we can get a true cost to our large equipment but it seems as if we need the fixed asset module (we do not have that).  I see Depreciation is a standard cost code and I know in the but is there a way to post our individual depreciation for each vehicle on a monthly basis (he does this on a yearly basis but that doesn't give us a true cost)?  Can this be automatic ( I see there is automatic entries in the GL side but not equipment side) and does the equipment module talk to the GL so it shows on reports?

Thank you

Colleen