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February 27, 2025
Question

Fixed Asset Disposal

  • February 27, 2025
  • 1 reply
  • 0 views

I am trying to understand the disposal process within Fixed Asset Manager (FAM).

 

I have a truck that needs to be disposed of and removed from our books. 

 

I take the steps to dispose of the asset within FAM and save. However, the asset is still appearing in FAM as well as our Fixed asset list and on our books within QB. 

 

Am I missing a step or does FAM does not update the actual QB file? I know the sync, just confused as to what other steps I would need to take!

1 reply

MorganB
February 27, 2025

Thanks for joining us here in the Community, DE Inc.

 

You've come to the right place for assistance with QuickBooks. I'm happy to help out with the Fixed Asset Manager in your Desktop account.

 

As you mentioned in your post, the Fixed Asset Manager (FAM) will do automatic updates. However, you may need to try a manual update. This can be done in just a few steps. Here's how:

 

1. From the FAM QuickBooks menu, select Asset Synchronization Options.
2. On the From QuickBooks tab, select Manually by selecting “Update Assets from QuickBooks” in the QuickBooks menu.
3. Under the To QuickBooks tab, select Manually by selecting “Save Assets to QuickBooks” from the QuickBooks menu.
4. Select OK and close Fixed Asset Manager to refresh the program and make manual syncing available.
5. Reopen Fixed Asset Manager.
6. From the FAM QuickBooks menu, choose Update Assets from QuickBooks or Save Assets to QuickBooks to sync information.

 

The following article provides additional info about setting up FAM.

 

Please feel free to drop a comment below if you have any other questions. I'll be here to lend a hand.