Assets and depreciation journals

Hi @westcountryepc

You would need to create a journal, similar to the one outlined in this post:
http://community.quickfile.co.uk/t/struggling-with-depreciation/2837/2?u=qfsupport

For a laptop, I would think that the nominals that @FaradayKeynes suggested in their post would be suitable, but I’m not an accountant so it may be best to double check.

With the item of zero value, do you still have the item in your business or have you sold it or disposed of it?