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Nov 21, 2022 12:04 PM UTC
Solved

Down Writing Assets in Quickbooks

Heya, 

I bought equipment for my business and would like to use the "down writing" method to claim it against my profits. I know how the system works, but trying to find out how I input it correctly into Quickbooks. 

Thanks

Ashleigh1Answer
Nov 21, 2022 1:29 PM UTC

Hello Simvid, 

 

Welcome to the Community page, 

 

You could use a journal entry for this but we would advise that it is best to speak with an accountant on how to enter this in correctly as we are just technical support here and not trained accountants. 

1 reply

Ashleigh1Answer
Nov 21, 2022 1:29 PM UTC

Hello Simvid, 

 

Welcome to the Community page, 

 

You could use a journal entry for this but we would advise that it is best to speak with an accountant on how to enter this in correctly as we are just technical support here and not trained accountants.