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May 1, 2024
Question

Can I delete an asset in Quickbooks desktop when a dollar value is attached?

  • May 1, 2024
  • 1 reply
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1 reply

May 1, 2024

Hi there LB42468,

 

Thanls for reaching out about your books. QuickBooks Desktop is a great program able to help you keep track of sales and expenses so you know the profitability of your company. I can point you in the right direction for assistance with this amount in assets.

 

To know what you should be doing with this asset amount, I recommend speaking to your accountant. They'll be able to tell you here you should be sending this money and if a journal entry or another transaction should be used to move the money out of the asset. You can find an accountant near you by going to the Find an Accountant page here.

 

If you have any other questions, feel free to reach out here.