Posts Tagged ‘Sage Software’
Where can I find United Kingdom fixed asset depreciation rates?
Antony G asked:
In the near future I am going to be starting up a business making furniture, and I will be using Sage accounting software. I know how to set up the depreciation on all my fixed assets but where exactly do I get the depreciation rates from. Obviously you can’t just take a guess at what the rates should be e.g I have purchased a CNC router machine which cost £14000. Do I depreciate this item 5% a year or 20% or 15%. Where can I get this info?
CNC Jobs
In the near future I am going to be starting up a business making furniture, and I will be using Sage accounting software. I know how to set up the depreciation on all my fixed assets but where exactly do I get the depreciation rates from. Obviously you can’t just take a guess at what the rates should be e.g I have purchased a CNC router machine which cost £14000. Do I depreciate this item 5% a year or 20% or 15%. Where can I get this info?
CNC Jobs
Originally posted 2008-04-16 16:18:02. Republished by Blog Post Promoter
