[GNC] Is it reasonable to have sub-accounts under Equity:Fixed Assets?

Liz Dodd edodd at billiau.net
Tue Jan 17 16:53:03 EST 2023


On Tue, 17 Jan 2023 17:47:13 -0000
"Fred Bone" <Fred at mandfb.me.uk> wrote:

> While you could use SXs, given that you (presumably) know exactly
> what the depreciation schedule is for each item, you could equally
> well enter all the future amounts now. It's arguably simpler than
> setting up the SXs.

 +1
As every item can belong on a different depreciation schedule I do them
all after purchase until value zero, then I am not trying
to work out which percentage or any other variable in the future. I
just note my method so that the accountant can check I was choosing the
correct rate.

Liz


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