[GNC] Is it reasonable to have sub-accounts under Equity:Fixed Assets?
Stan Brown (using GC 2.6.19)
stan+gnucash at fastmail.fm
Tue Jan 17 18:26:31 EST 2023
On 2023-01-17 13:53, Liz Dodd wrote:
> 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.
+1 to both
If I recall correctly, the OP said that he doesn't need to submit
depreciation for individual assets to the authorities, only an
aggregate. If that's correct, I would consider a spreadsheet, which will
be faster than entering transactions.
Stan Brown
Tehachapi, CA, USA
https://BrownMath.com
More information about the gnucash-user
mailing list