[GNC] Fix assets

[Peter Peterson]

   Thanks Adrien. Will let the users know if it works for me. I did a
   financial seminar for our churches
   Today and recommended them to use gnucash for their finance.
   Nit sure if there is anyone else in South Africa that uses this
   application. Would be nice to know
   Again thanks for guidance
   Regards
   Pastor Peter
   Sent from my Huawei Mobile

   -------- Original Message --------
   Subject: Re: [GNC] Fix assets
   From: Adrien Monteleone
   To: gnucash-user
   CC:

     After reading the sections of the Guide David mentioned, and talking
     with a local accountant, you’d probably start by booking the current
     inventory as opening transactions. Anything acquired later would be
     booked between the payment account and whatever asset tracking
     account you are using. (probably more commonly known as PPE -
     ‘property, plant, and equipment’, though you are free to use an
     account for each item/class of item if you so choose.) Then as
     required or allowed, you’ll enter your depreciation transactions.
     You can do those manually, or set up scheduled transactions to fire
     automatically for the same amounts each time.
     Regards,
     Adrien
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