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G
Georgetown ON
November 13, 2023
Question

How to record depreciation entry in Desktop version?

  • November 13, 2023
  • 1 reply
  • 0 views

Novice bookkeeper and getting more comfortable with the software. Just learned to to add a fixed asset. How do we record depreciation at end of fiscal for listed assets on the books?

1 reply

J
JamesM4
November 13, 2023

Hello Georgetown ON,

 

It's great to have you join the QuickBooks Community. Rest assured, I'll be happy to point you in the right direction so you can record your depreciation entries with ease using QuickBooks. 

 

In order to accurately record your transactions, I highly recommend consulting an accounting specialist for expert suggestions. This ensures your books remain accurate while you continue to manage your work with peace of mind. You can also get in touch with a professional using this link here. Other accounting professionals are able to see this post in the Community and this will allow them to chime in. In the meantime, I encourage you to check out the following article that shows you how to: Set up asset accounts to track depreciation in QuickBooks.

 

Let me know if this info helps. I'm here to steer you in the right direction.

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