Tracking Expenses against a Fixed Asset
Rachel Whitehouse
Member Posts: 14 Novice Member 
I have set up my Fixed Assets and would like to track the expenses (such as repairs and maintenance) against them. Any ideas?
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Rachel,
I would just add an expense set for each asset to track the expenses for each. So, have one header expense eg/ Motor Vehicle (Rego Nr) then sub expenses for it such as insurance, R&M, Fuel etc. That is what I have seen done before.
Sue Atkinson2 -
You could set the assets up as a class. One for each asset. If you insist. I cant see what you are trying to achieve however.0
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I fully understand why you'd want to keep track of r&m on assets particularly if they are hired out. and yes use class rather than a new expense account else you could set up a customer ie in-house costing with job for each asset and use job costing, non billable of course0
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