Can I put PC bits and Bob in P&L account?

[css_jay99]

Just a quikie

I want to buy one or two bits and bob for PC.

HDD, NAS storage, New router.

I guess this can be classified as Assets hence dont hit P&L.
What do you guys classify this as?

or it it just a case of classiying it as an office expense?


cheers

css_jay99

[Bluebird]

business expense paid for by business credit card.

[ASB]

Just a quikie

I want to buy one or two bits and bob for PC.

HDD, NAS storage, New router.

I guess this can be classified as Assets hence dont hit P&L.
What do you guys classify this as?

or it it just a case of classiying it as an office expense?


cheers

css_jay99

Ask your accountant. < 100 quid I always used to treat as an expense. Ditto software.

Do you really want to bother creating an asset account and depreciating it over useful life ??

[css_jay99]

cheers guys, thats what I thought.
too small amount to to start maintaining a fixed assest register...

Actually come to think of it I just bought a 23" LCD TV for the bedroom and my Server/ desktop is conected to it.

how should i treat this
css_jay99

[xoggoth]

Indeed there is some accounting term for too small to bother about, even HMRC accept the principle.