Fixed Assets & Depreciation

[Abu_Hasan]

I purchased some computer monitor (not at a time).

Monitor, Model A : 14,000
Monitor, Model B : 10,800
Monitor, Model A : 13,500
Monitor, Model C : 12,000

How should I record these as fixed assets?
How should I calculate depreciation?

[Brucanna]

Read the Fixed Assets section of the Guides

Guides

New to Manager? Well you’ve come to the right place. This topic has tons of links to great guides that you might want to start exploring. Be sure to keep coming back as we are constantly adding new guides and refining existing ones. Getting Started Introductory guides to get you started. Guide Author Create new business @lubos Getting help on the forum @Tut Changing language @lubos Changing reporting period @lubos Choosing accrual or cash basis accounting @Tut Closing an accoun…

[Abu_Hasan]

Thanks for your reply.

My question is not a basic one.

Please have a closer look. All are same kind of asset (monitor), but different model, or different price for same model.

Should I create new fixed asset for each individual monitor?
Should I create new fixed asset for each individual model?
Should I create just one fixed asset for all monitor?

[Tut]

@Abu_Hasan

Should I create new fixed asset for each individual monitor?

Yes[quote=“Abu_Hasan, post:3, topic:7107”]
Should I create new fixed asset for each individual model?
[/quote]

No. Do it for individual assets, because you may dispose of them at different times in the future.

@Abu_Hasan

Should I create just one fixed asset for all monitor?

No