FAQ_Fixed Assets

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01. We purchased 20 units of office chairs and it comes in a single invoice. Can we take in as one fixed asset code?

It is recommended to keep each office chair unit as a separate FA item, as wear and tear and or even write-off may happen to different unit at different time of the useful life.
 
Example below show 7 different units of executive chair with XXX-1, -2 , -3 ....
 

 

02.We bought computers and additional parts are added at a later time, example, memory rams , into the computers. Can we add in the value together with the computers?

We recommend to keep it as a separate item in the FA ledger , but you may use category to put them together when you print the report.
 
You are able to print by category and the ram will be added into each computer as a common category