How to enter Track Only (Expensed) Assets

Users using Asset.Guru to depreciate capitalised assets can also use the platform to track expensed assets to reach asset enlightenment by understanding where assets are and who is using them.

Track only (expensed) assets may be entered into Asset.Guru in two different ways.
Option 1:
Asset Name e.g. Laptop
Asset Type e.g. Computer Equipment
Purchase Price $0
Purchase Date e.g. 1 Oct 2018

Point for consideration:

This option will show track only assets alongside depreciating assets with a zero-dollar value within the depreciation report. This will not affect the cost totals.

Option 2:

Asset Name e.g. Laptop
Asset Type e.g. Computer Equipment (Track Only)
Purchase Price e.g. $3000
Purchase Date e.g. 1 Oct 2018

Point for consideration:

This option will separate track only assets into their own ‘track only’ categories in the depreciation report. This will mean that you can record and track the cost of the asset (if desired) without affecting sub totals shown for depreciating asset types. This will affect the overall asset total shown at the end of the depreciation report, but you can simply subtract track only asset category values from this to calculate the value of depreciating assets (if required).

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