Originally posted by SimonMac
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Deprecation of assets
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Originally posted by VectraMan View PostI bought a laptop 4 and a bit years ago that's now depreciated to nothing for accounts purposes. If I were to sell it, probably only £50-£100, do I still need to account for that as a sale? Or does depreciated mean I can just say that it's mine and not the company's and nobody will ever care?
Had a couple of laptops bought for around £300 3-5 years ago, doubt there is any value in them now, but I still have them recorded as fixed assets ..Comment
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Originally posted by Lumiere View PostSame situation but can't be bothered with selling. How do I dispose of it formally, do I need to have pictures of me throwing it into skip ?
Had a couple of laptops bought for around £300 3-5 years ago, doubt there is any value in them now, but I still have them recorded as fixed assets ..Comment
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Originally posted by Zoiderman View PostI'd be tempted to format them, loaded them with the licensed OS and then offer them to a school/kids clubs/nursery and get them to write a £0 invoice as a gift.Comment
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Originally posted by Lumiere View PostThat sounds like a lot of hassle to me ..'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
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Originally posted by northernladuk View PostIf it is for the kids/schools or a charity some hassle is always worthwhile.Comment
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Originally posted by Clare@InTouch View PostIt means you should account for it as a sale, or sell it to yourself for market value - if your permi employer had an old computer you couldn't just sell it and keep the money!Comment
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Originally posted by Lumiere View PostThat sounds like a lot of hassle to me ..Comment
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Originally posted by escapeUK View PostIve had permi jobs where the employer has just given away old equipment they no longer needed. When you replace a lot of computers you get a lot of old ones you dont want, and now days the recycling charity companies want you to pay them to take them away hahaha.'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
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