Create sub-accounts or components for Fixed Assets

#1

Can you add sub-accounts or components for Fixed Assets because sometimes Fixed Assets have components.

#2

No. But you can create a custom control account made up of several fixed assets (which could be the components).

2 Likes
#3

Or create two fixed assets and use custom fields to link them as components of one assets. You could also use a coding system that allows two fixed asset to be reported as components.

2 Likes
#4

Good question and maybe should be turned intoi an idea we can vote for, ie “…can we have a more granular way to manage assets with main assets and components that can be written off seperately?..”

1 Like
#5

I usually manage like this after doing lot of experiments, but then I thought that if there would be components or sub accounts, we can easily manage fixed assets like that. That’s why I ask for sub accounts or components.

#6

Exactly.