Sold a fixed Asset How to record sale

Hi there adamn,

It's vital that all transactions are enterred correctly in your books so that all your accounts balance. QuickBooks Online is a great tool able to help you keep track of your assets in order to help you see the value of your comapny. I can point you in the right direction to know how to enter this transaction.

This transaction can be entered as a journal entry so that you can select each account affected. In order to know which accounts need to be chosen for this transaction to make sure that your books are well balanced, I recommend reaching out to your accountant. They'll be able to guide your choice in accounts so that all accounts have the correct balance after the transaction. You can invite your accountant by navigating to the My Accountant tab. You can also find an accountant near you by clicking on the Find a pro to help button.

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