Click ‘OK’ to save and close the New Item window.Under the “Asset Information” section, describe the item by using the “Asset Description” box.In the “Date” field input, record the date you purchased the item.In the “Purchase Information” section, select the option to identify if the item is new or if it is used.Next, use the “Asset Account” drop-down to select the asset account that should be used when tracking the value of the said asset.You will see the “Asset Name/Number” field.From the pop-up menu, select the “New” command.Click the “Item” button in the lower-left corner of the list window.From the menu bar, select List > Fixed Asset Item List.Follow the instructions below to add purchase details of your fixed assets in Quickbooks. This list allows you to enter information pertaining to the amount you purchased an item for, the date you purchased the item, and whether you purchased the asset new or used. In QuickBooks Online, the Fixed Item Asset List can be used to track individual assets. How to Record a Fixed Asset Purchase in QuickBooks Online Using our QuickBooks guide to recording a fixed asset in QuickBooks can help you avoid errors when recording these items.
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