Asset Chart of Accounts Groups and Accounts vs Control Accounts

[Patch]

@GW1

I am trying to understand where Control Accounts are to be used correctly in place of Chart of Accounts account items.

@GW1

Photography Equipment (Group)

Camera and Lens Equipment (Account)
Camera and Lens Equipment Accumulated Depreciation (Account)

and other Asset groups and accounts I want to track individually.

To answer this question more specifically. I use control accounts for asset groups I want to track separately. So the question you need to ask yourself is, what asset groups do I want to track separately.

For background and a set up and example see Accum. Depreciation/Depreciation expense: Custom control/expense accounts - #22 by Patch

Which results in control accounts for Fixes assets

And their depreciation

And the resultant summary page