I purchased Manager Server and host into Linode.
The payment made to Linode is Expense.
But how do I treat Manager Server? Fixed Assets?
Do, I need to depreciate? How?
Manager Server would also be an expense as you are purchasing a service, the provision of accounting software. It wouldn’t be a Fixed Asset as you have only purchased a right to use not a right to own, besides you don’t have anything to sell or dispose of, it just expires.
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Yup… and you can’t resell it so it does not fall under fixed asset.
Manager has intangible assets feature. If you owned​ it it would be appropriate to put it under Intangible asset as fixed asset are tangible piece of property.
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Ver informative, thanks.