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TOPIC: FA - Depreciation Expense
#3879
Charlie (User)
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FA - Depreciation Expense 13 Years, 8 Months ago  
Hello Hasan,

Regarding your FA Depreciation videos, I am trying to figure out HOW do you handle the situation where the company has a fleet of vehicles 200 (Taxis) and they would like depreciation to be calculated for each of these vehicles. The Date placed in Service is different for each vehicle.
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Company would like to Track each of these vehicles and the Depreciation & Book value.
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Would I create different Categories for each vehicle thereby creating different DEP EXP and ACCUM DEP accounts for these 200 vehicles...
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#3880
Charlie (User)
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Re:FA - Depreciation Expense 13 Years, 8 Months ago  
Sorry...

I misunderstood.
I only need to create 1 Category and associate this Category-Book with 1 set of Dep Exp and Accum Dep accounts
.
Resolved... it seems to work. :)

Thank-you
Charlie
 
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