DESKTOP EDITION CLOUD EDITION SERVER EDITION GUIDES FORUM

Accum. Depreciation/Depreciation expense: Custom control/expense accounts


#1

See the above thread where there was a request for the custom control account function be extended to include Fixed asset accumulated depreciation

I would like to support the request for this functionality.

e.g. Balance Sheet

Fixed Asset - Buildings (cost) $120,000
(less) Accumulated Depreciation - Buildings ($10,000)

Fixed Asset - Equipment (cost) 80,000
(less) Accumulated Depreciation - Equipment ($6,000)

Also, I would like to be able to select a custom P&L depreciation expense account.

e.g. P&L

Depreciation - Buildings $4,000
Depreciation - Equipment $2,000

(Please consider these requests for the “ideas” category)


Categorize depreciation under its own head account