Skip to content
← For small businesses

Enter your idea

For small businesses: Accounting features

Categories

(thinking…)

Fixed Assets - Ability to set a minimum value for fixed assets

Add a new setting within fixed assets to set a minimum value for fixed assets.

We have a minimum value we capitalise of £250, but some bookkeepers we use still post trivial items to fixed assets.

Below the threshold they would not be able to post to the fixed asset nominals.

2 votes

We're glad you're here

Please sign in to leave feedback
Signed in as (Sign out)
Close
Close

We’ll send you updates on this idea

Harvey Reynolds shared this idea  ·   ·  Report…  ·  Admin →
How important is this to you?

We're glad you're here

Please sign in to leave feedback
Signed in as (Sign out)
Close
Close

We're glad you're here

Please sign in to leave feedback
Signed in as (Sign out)
Close
Close
Submitting...
An error occurred while saving the comment
  • Freya Pieroz commented  ·   ·  Report

    I've found that accountants will have a specific threshold of materiality in mind for these things... But don't tell the person doing the day-to-day so that there's less for the accountant to do at EOFY. A setting for the materiality threshold would enable the accountant to communicate without actually needing to communicate.