I am also wondering how I go about entering my office equpiment that I already have/own such as my desk, my computer, my printer, my monitor..... and how far do you go with it? As in mouse, or keyboard....flash drives....
Thanks again!
You will need to establish a value for the equipment and enter them in the Furniture & Equipment account and the Computer account (no need to specify mouse etc) in the Capital Assets section. The offset account would depend on whether the company is limited or not but it would definitely be located in the Equity section.