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February 26, 2023
Question

Hi, Is QuickBooks familiar with fixed assets register, automatic monthly depreciations, journals, etc.?

  • February 26, 2023
  • 2 replies
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2 replies

Fiat Lux - ASIA
February 26, 2023

You need to have a 3rd party app to integrate with QBO

 

February 26, 2023

Hi, which 3rd party app can I use for this?

Fiat Lux - ASIA
February 26, 2023

It costs GBP 15/month/company file. If you are interested in exploring it, send me a private message and we will introduce you to the owner of the app.

Daniela_A
February 26, 2023

Hello there, @-idrive4x4-com. allow me to chime in and answer your question.

 

We have references for setting up fixed assets and for tracking their depreciation. I'm glad to share them with you. But we can only record the depreciation manually via journal entry. As for the calculation of the depreciation value, please refer to your accountant. Fee free to browse these links below to learn more about these features:

 

 

However, if you're referring to something else, then we may need to follow Fist LUX - Asia's suggestion. 

 

If you have other questions on the fixed asset topic, you can always go back to this thread.