QuickBooks Online QBO: Fixed Assets, Depreciation, Purchase of Fixed Assets on Loan

Share it with your friends Like

Thanks! Share it with your friends!

Close

Call us right now at (858) 798-5058 for QuickBooks private training or visit us online at http://www.NewQBO.com/

QuickBooks Online QBO: Fixed Assets, Depreciation, Purchase of Fixed Assets on Loan

http:/NewQBO.com

Comments

Jessica Rackley says:

How are you reconciling payments made using vendor credits? I am making payments on a vehicle and need to see the payments coming out of the checking account. Would I need to use Bill Pay instead of Credits? If I don't use the credit function the payments don't show up in the balance sheet under long term liabilities.

Rob Carr says:

Wasn't aware of the vendor credit function (for some reason in my QuickBooks Online account it is labelled "Supplier Credit"). This helped a LOT, thank you 🙂

QB User says:

After purchasing the fixed asset on loan and recording depreciation expense- how do you record the loan payment + interest? Thanks!

Write a comment

*

*

Powered by WordPress Lab