Re: [GNC] How can I enter all fixed assets?

2022-11-30 Thread Stephen M. Butler
On 11/30/22 15:39, Dr. David Kirkby wrote: Having given this more consideration I think the following is my best bet. Comments welcome, but I am not expecting to get definitive professional advice. I am considering to lump them all together under Assets -> Fixed Assets, with an opening balance

Re: [GNC] How can I enter all fixed assets?

2022-11-30 Thread Dr. David Kirkby
Having given this more consideration I think the following is my best bet. Comments welcome, but I am not expecting to get definitive professional advice. I am considering to lump them all together under Assets -> Fixed Assets, with an opening balance equal to the value at the start of the

Re: [GNC] How can I enter all fixed assets?

2022-11-30 Thread Michael or Penny Novack
On 11/30/2022 2:17 AM, Christian Lynbech wrote: Having been contemplating this as well, I came to the conclusion that I would create an account for each expensive piece of equipment and then a common account for all the small stuff. In Denmark... The last is key to this discussion, what

Re: [GNC] How can I enter all fixed assets?

2022-11-29 Thread Christian Lynbech
Having been contemplating this as well, I came to the conclusion that I would create an account for each expensive piece of equipment and then a common account for all the small stuff. In Denmark, you can write off a maximum relative amount of a purchase each year, unless (or until) the value

Re: [GNC] How can I enter all fixed assets?

2022-11-29 Thread Liz
On Wed, 30 Nov 2022 01:18:00 + "Dr. David Kirkby" 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

Re: [GNC] How can I enter all fixed assets?

2022-11-29 Thread Stephen M. Butler
On 11/29/22 18:24, Michael or Penny Novack wrote: On 11/29/2022 8:18 PM, Dr. David Kirkby wrote: I want to start using GnuCash for a company I set up several years ago. The company has some assets - mainly electronic test equipment. Let’s hypothetically assume VNA £1000 Signal generator £500

Re: [GNC] How can I enter all fixed assets?

2022-11-29 Thread Michael or Penny Novack
On 11/29/2022 8:18 PM, Dr. David Kirkby wrote: I want to start using GnuCash for a company I set up several years ago. The company has some assets - mainly electronic test equipment. Let’s hypothetically assume VNA £1000 Signal generator £500 Frequency counter £250 Calibration kit £2000 Total

Re: [GNC] How can I enter all fixed assets?

2022-11-29 Thread David Carlson
In the U. S. each of those assets would be depreciated on it's own schedule, so each would have it's separate table of depreciation if you are planning on tracking that. On Tue, Nov 29, 2022, 7:19 PM Dr. David Kirkby < drkir...@kirkbymicrowave.co.uk> wrote: > I want to start using GnuCash for a

[GNC] How can I enter all fixed assets?

2022-11-29 Thread Dr. David Kirkby
I want to start using GnuCash for a company I set up several years ago. The company has some assets - mainly electronic test equipment. Let’s hypothetically assume VNA £1000 Signal generator £500 Frequency counter £250 Calibration kit £2000 Total is £3750 Is there a way of entering the