[GNC] Fix assets

Peter Peterson pastorpeter7 at gmail.com
Sat May 18 01:13:37 EDT 2019


   Mostly for insurance purposes.
   Sent from my Huawei Mobile

   -------- Original Message --------
   Subject: Re: [GNC] Fix assets
   From: "David T. via gnucash-user"
   To: Adrien Monteleone
   CC: gnucash-user

     Section 15.5 of the Guide enumerates fixed asset types, and chapter
     16 Depreciation goes into a bit of detail about this complex
     subject. The broad concepts are covered there, but consulting with a
     local expert is recommended in this area.
     David
     > On May 18, 2019, at 9:02 AM, Adrien Monteleone wrote:
     >
     > Of course.
     >
     > Unfortunately, the Help and Guide are sparse in their coverage of
     this topic, but certainly, you can track any thing you can create
     transactions for.
     >
     > You should probably speak to a local CPA to make sure you are
     recording things in line with local laws, especially for tax
     purposes, but the general procedure for transactions works just fine
     for any asset, long or short term, as it does for anything else in
     GnuCash.
     >
     > While there are no special asset features of GnuCash, (outside of
     investment portfolios) you can enter transactions to record and
     track value, as well as manage loans taken out on such assets like
     mortgages. You can create or run custom reports to show you just the
     info you want, with regard to that asset.
     >
     > Please describe in more detail (no numbers needed, or, fake
     numbers are fine) what you are trying to accomplish and we’ll see if
     someone here can aid you in creating the needed transaction entries.
     >
     > Otherwise, basic purchase, sale, and depreciation schedule
     transactions can be entered in GnuCash very easily.
     >
     > Regards,
     > Adrien
     >
     >> On May 17, 2019, at 10:13 PM, Peter Peterson wrote:
     >>
     >> Hi, is there a way that I can manage my fixed assets? To track
     them. For
     >> depreciation purposes?
     >>
     >> Regards
     >> Peter
     >
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