Our company is a furniture factory, how to code fixed assets?

There are no special rules for coding. However, it is recommended to classify it according to a certain method. Generally, in order to be consistent with the income tax settlement, it is best to distinguish between the categories stipulated in the Income Tax Law, including:

1. Buildings, 2. Machinery and equipment, 3. Tools, appliances and furniture, 4. Vehicles, 5. Electronic equipment, etc. And the minimum depreciation period is 20 years, 10 years, 5 years, 4 years, 3 years.

Classification and coding by production department and administrative department is quite beneficial to the collection of old knots.

Such as: SC-0101001, production workshop general equipment No. 001;

XZ-0101001, No. 001 of the General Administrative Manager's Office.

After the end of the coding, the depreciation under the SC category is included in the cost of main business, manufacturing expenses, and XZ is included in administrative expenses, etc.

There are no fixed rules, and you can number them yourself. However, for the sake of brevity, the date is usually included.