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Finance-passionate
Level 2

Classification of Clocks

Hi, my company manages schools and we purchase clocks to be used in classrooms. Under what category should this be classified please? Would it be fine to classify as furniture and fittings?

2 Comments 2
BigRedConsulting
Community Champion

Classification of Clocks

It's a bit hard to know as everyone's chart of accounts and business is different. Clocks don't seem like furniture or fittings (fittings?) to me...

 

 

FishingForAnswers
Level 10

Classification of Clocks

@BigRedConsulting  Oh, I don't know.

 

They could be installing some of those fancy grandfather-type clocks.

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