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January 23, 2024
Question

How could I add my pre-existing fixed assets to my quickbooks account, so that my table, chair and PC would count as belonging to the company. Ps. I've just started.

  • January 23, 2024
  • 1 reply
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I've just started my corporation and those assets are used and had always belonged to me.

1 reply

January 23, 2024

Hi there conatact-annaliz-,

 

Thanks for reaching out about adding your assets into your books. QuickBooks Online is a great tool able to help you keep track of sales and expenses so you can see the profit of your business. I can point you in the right direction for assistance with entering these items into your books.

 

To enter this into your books, you may need to enter it as a journal entry. To know which accounts to affect, as well as the amount to enter, I recommend speaking to your accountant. Their expertise will be able to assist in making sure these items you owned previously will be entered in your books correctly so that your account totals can be accurate. You can invite your accountant to your QuickBooks Online account by clicking on the My Accountant tab. There's also an option to find an accountant near you in that section by clicking on the Find a Pro to help button.

 

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