Auto Records

Posted by AR on November 18, 2006, 9:34 am

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I currently have 4 cars. Is it better to have 4 property & debt accounts
with the auto information listed, or to have the records listed in the
emergency records organizer?

I don't track the current value of the cars - I just list the initial
purchase price.

Thanks in advance.

Posted by Fred Smith on November 18, 2006, 5:20 pm

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I have our cars as separate asset accounts.

I used to have them together, but separated them some time ago. I found it
easier to track their value. However, I depreciate the cars each year, so you
may find it of less value.

--
Regards,
Fred

"AR" <test.com> wrote in message

>I currently have 4 cars. Is it better to have 4 property & debt accounts with

>the auto information listed, or to have the records listed in the emergency

>records organizer?

> I don't track the current value of the cars - I just list the initial purchase

> price.

> Thanks in advance.