Capital equipment showing zero value

Henry Gomersall heng at cantab.net
Fri Jul 1 11:12:39 EDT 2011


On Fri, 2011-07-01 at 16:07 +0100, Henry Gomersall wrote:
> The second problem is that I'm now seemingly required to have a
> separate
> asset account for each currency I purchased equipment in. Is there a
> way
> around this, or is it standard practice? Are the exchange rates for
> the
> capital equipment purchases frozen into the transaction? 

And correspondingly, when I depreciate the asset, do I need an account
in the foreign currency for the depreciation?

Thanks,
Henry



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