How to TAG Asset Purchase AND Part-Exchange

I appreciate you for getting back to this thread, @The Old Oracle.

I recognize how relevant tag both Asset Purchase and Part-Exchange to your business is. Currently, this option is unavailable in QuickBooks Online as only one tag per group can be used in a single transaction.

Rest assured our product engineers are continuously working to roll out enhancements based on our customer's requests. That being said, I suggest sending a recommendation to our product developers. They'll review this idea and might consider updating it in the future.

Here's how:

1. Go to the Gear located at the top.
2. Under Profile, click Feedback.
3. Enter your recommendation and select Submit.
   
   

You can also utilize this link to check the status and keep you in the loop on our progress of your request: Customer Feedback for QuickBooks Online.

In the meantime, you can enter the new asset as a Bill, with the part-exchanged vehicle as a Credit Note. This way, you can tag both vehicles.

I also encourage you to visit this resource that will guide review your transactions and put them in the correct accounts: Categorise and match transactions.

As always, add a comment below if you have any other questions about managing transactions in QuickBooks. I'm here to help always. Take care!