Sage Business Cloud (AME) Online Community

hi, how would i capture or add cost price of my fixed assets and depreciation thereof as an account ? would the cost price and depreciation be an expense etc, im just starting out sage on as we were using Pastel partner before so this is all new to me.

thanks all.

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Replies

  • Hi Jehaan

    Cost Price of the asset is a Non-Current Asset.

    Accumelated Depreciation is also part of the same group for reporting purposes. ( group the cost price and accumelated depreciation accounts as ( Net Value of asset class ) )

    Depreciation is the Expense Account

    Contact us at sage@bdksoftwaresolutions.co.za for assistance.

    Regards

    Juan Visser

    co.za Domain Homepage
    The co.za Domain Homepage - contains pertinent and detailed information specific to South African domain registrations
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