How do you guys handle situations multiple items are purchased that total over what the asset threshold (many accountants use $300 to $500) would be?   For example if my client purchases a single table for $1000 I would allocate that expense to an asset account and depreciate it each year.   However, what if there were 10 tables at $100 each?   Do you still have to allocate the entire amount to an asset account?  I myself tend to think not (since if they were purchased separately they would all be current expenses).  I question this as the accountant for one of my clients transferred a bunch of small individual furniture purchases that combined were almost $1000 for the year.  I questioned why she did that since some of those items were only $20 each.  She said they have to combine all those purchases together as 1 asset.  I've never seen this happen for any of my other clients who have this situation quite often especially for tools.  They have multiple purchases during the year but all under $500 each.  According to this one accountant all the tool purchases for the year would end up being allocated as an asset since the total of all purchases were over $500.  Doesn't make sense to me.  My understanding is individual purchases above the 'threshold' would be an asset.