I am after some guidance or best way forward suggestions here.
We have lot of fixed assets, some are buildings some are furniture.
We want to do the following but it is proving difficult.
Fixed Asset A is a house
Fixed Asset B is a table
Fixed Asset C is a chair
We want to ascribe a yearly budget to Fixed Asset A of say $1000 (for any expenditure to be carried out that year)
Then the cost of Fixed Assets B&C will be linked to the main fixed asset A and come out of this budget
A report should show the fixed assets and how much has been spent against the yearly budget, or multiple budgets against the first fixed asset if different projects
I have played around with budget journals and attaching one fixed asset to a parent fixed asset, but nothing seems to cover this and maybe it is not possible in the fixed asset module and should be handled elsewhere
Even with a budget in place for a fixed asset the reports aren't really showing what we need
Thanks in advance for any assistance here
Julian