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Merbroc2020's avatar
Merbroc2020
Experienced User
4 years ago

Re: How to process a Capital Expenditure item

Hi There.   How do I process a Capex item which is a fridge bought for the business and how much should the item cost before it becomes a capital expenditure? Do I create a GL Code in Assets and ke...
  • Emily_B's avatar
    Emily_B
    4 years ago

    Hello Merbroc2020 

     

    While we cannot offer much specific advice on this topic, I can direct you to this detailed post by one of our partners, ronatbas. This is something I would recommend speaking with an accounting advisor on for more detailed advice, but the post should help get you started. Additionally, some other users here on the forum may wish to weigh in with assistance.

Emily_B's avatar
Emily_B
Former Staff
4 years ago

Hello Merbroc2020 

 

While we cannot offer much specific advice on this topic, I can direct you to this detailed post by one of our partners, ronatbas. This is something I would recommend speaking with an accounting advisor on for more detailed advice, but the post should help get you started. Additionally, some other users here on the forum may wish to weigh in with assistance.

  • Merbroc2020's avatar
    Merbroc2020
    Experienced User
    4 years ago

    Hi Emily...B

     

    I did not receive the reply I wanted but will follow through on the link (@ronatbas) you have given me.

     

    Cheers

     

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