[GNC] How can I enter all fixed assets?
Liz
edodd at billiau.net
Wed Nov 30 00:17:23 EST 2022
On Wed, 30 Nov 2022 01:18:00 +0000
"Dr. David Kirkby" <drkirkby at kirkbymicrowave.co.uk> wrote:
> It would be a bit tedious to create accounts for every item
> individually
>
> Assets -> Test equipment -> VNA
> Assets -> Test equipment -> Signal generator
> Assets -> Test equipment -> Frequency counter
>
> and set each to have an appropriate opening balance.
>
That's what I do, then check the depreciation tables and then enter a
part year, and then annual depreciation entries until the value is
zero, many years ahead, and I don't look at that again. Reporting can
then pull the end of financial year value for the appropriate year.
Liz
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