How to deal with Improvements to Home Office/Garage

My client runs a corporation out of her home and also uses her garage to do work.  She purchased some higher priced items such as lighting, cabinets, power pack, etc to make her garage more functional and had a contractor in to install the lights and cabinets.  Should these items be posted as assets and the work as improvements?  Or, since it is a home office, do I just track all of these items on a spreadsheet and give to the accountant to allocate?

Thanks for your help.

  • FormerMember
    FormerMember

     Hi:  Just  track the items on a spreadsheet and give to the accountant to figure out.    You don't enter anything like that in to the business books.  The accountant will set up the amount allowed to be part of business expenses at year end.    Rita