If we purchase furniture or fixed how to give entry

Welcome to the Community.

I'll help you record a fixed asset purchase in QuickBooks Online.

You need to create an asset account to track the current value and depreciation of your assets.

Here's how:

1. Go to the Accounting menu, and then choose Chart of Accounts.
2. Click New at the upper right corner.
3. From the Account Type drop-down arrow, choose Fixed Asset or Other Assets.
4. In the Detail Type drop-down arrow, select the option that nearly describes the asset.
5. Enter the account name.
6. Put a checkmark beside the Track depreciation of this asset checkbox.
7. Assign an Original Cost and enter the As Of date of the purchase.
8. Click Save and Close.

Once you're done, you can record your computer's depreciation. QBO doesn't automatically depreciate fixed assets. You need to manually track it using journal entries instead.

Thus, I recommend consulting your accountant. They know the best method for recording the depreciation of your assets. They can also guide you in choosing the account to use in managing your payment to the vendor.

For future reference, you can read this article to guide you in tracking the depreciation of your assets: Depreciate assets in QuickBooks Online.

Let me know if you have questions about tracking fixed asset purchases in QuickBooks Online. I'm always here to help. Have a great day.