10-15-2007, 06:02 AM
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 Re: Business Assets vs. Home Inventory...??? "DRUAngell" <DRUAngell[at]discussions.microsoft.com> wrote in message news:F1A4328C-8DBB-49BC-ABD3-82204E06E580[at]microsoft.com... - quote - > Should I create Asset Accounts for my business assets like computer > equipment, machinery, etc? Or should I just include those things > with my > Home Inventory? > So far I'm able to expense my assets (Section 179) so I haven't had > to worry > about tracking business asset depreciation and things like that, but > I'd like > to know how to handle it for future reference. > Any information would be greatly appreciated. Thanks! It sounds like you know how to create separate asset accounts. Whether or not you need to becomes a question for a tax adviser. -- Chris Cowles Gainesville, FL |
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#-1
10-15-2007, 05:25 AM
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| Business Assets vs. Home Inventory...??? Should I create Asset Accounts for my business assets like computer equipment, machinery, etc? Or should I just include those things with my Home Inventory? So far I'm able to expense my assets (Section 179) so I haven't had to worry about tracking business asset depreciation and things like that, but I'd like to know how to handle it for future reference. Any information would be greatly appreciated. Thanks! |
| Tags |
| assets, business, home, inventory |
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