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entering "donated" office equipment?

Last post 07-10-2008 9:06 AM by Michael. 1 replies.
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  • 07-08-2008 11:25 AM

    entering "donated" office equipment?

    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!Smile

  • 07-10-2008 9:06 AM In reply to

    Re: entering "donated" office equipment?

    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.

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