Adding a new Fixed Asset acccount to ReckonOne
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Ted_5835084
Member Posts: 46 ✭
I want to record the expenses incurred building several rooms in a building. The only default fixed asset accounts in my Reckon One Sole Trader account is "Plant and Equipment" & a sub account "Less Accumulated Depreciation on Plant and Equipment Plant and Equipment".
A room in a building does not strike me as plant or equipment so should I be creating a new "Building" fixed asset account with a corresponding depreciation account? I notice the accounts created by Reckon One have export codes . How are they used and can I ignore adding them to accounts I create myself?
A room in a building does not strike me as plant or equipment so should I be creating a new "Building" fixed asset account with a corresponding depreciation account? I notice the accounts created by Reckon One have export codes . How are they used and can I ignore adding them to accounts I create myself?
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