Building hire equipment capital accounting


Free Member
Oct 19, 2021
I am currently considering moving my trading practices from electrical installation to machinery hire.

The machines that I am considering would be built by ourselves and then hired to customers.

I have read that these hire units would treated as capital assets. What I am wondering is how the capital would get calculated for something we have built ourselves. Is it the actual cost of the capital expense, or the market value of the asset once it has been built?

Subscribe to our newsletters

ukbf logo
ukbf logo

Real community whatever your business.
Sign up to our full membership View Documentation

About us

  • Our community has been around for many years and pride ourselves on offering unbiased, critical discussion among people of all different backgrounds. We are working every day to make sure our community is one of the best.

Quick Navigation

User Menu