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shepp421
Jan 28, 2009, 12:11 PM
We purchased computer equipment on more than one lease in 2008. Do we have to enter each piece of equpment into fixed assets, or is it allowed to enter total for each lease?

codyman144
Jan 28, 2009, 02:37 PM
It is allowed to enter the total for each lease, on the accounting books. You may want to enter each individual computer in another system to track the units. As far as the books are concerned however only each lease needs to be accounted for separately.