Project code in asset register
Question asked by Sue Reekie 3 years ago
Hi
Is there any way I can add a project code as well as the depreciation code to an asset in the Asset Register?
Thanks
For a few years now, fixed assets have supported project-level tracking, with these details automatically reflected in the depreciation journals generated.
Best answerHi Sue.
When you edit a fixed asset, you can set the project to be used for depreciation journals generated for that asset.
Note: This will retrospectively apply that project to historical depreciation journals for that asset, as well as for new depreciation journals generated in the future.
Hi Pete
Thank you for the post. Please will you tell me how I can attach a project code to depreciation.
Thank you
Sue
Hi Sue,
You can place this against the bill for the fixed asset purchase, but not the asset register I am afraid.
All the best,
Mohamed.
Under tools, projects you can set up codes which I use instead of a "cost centre" for analysing costs within an account code. I'd like to be able to split the depreciation code in P&L over several project codes but there doesn't appear to be the option to add a project code when setting the depreciation code in the asset register.
Hi Sue,
Can I ask you to elaborate what you mean by project code?
All the best,
Mohamed.
You must 