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September 1, 2024
Question

accumulated depreciation that no one has current knowledge of. I would like to edit?

  • September 1, 2024
  • 1 reply
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1 reply

September 1, 2024

Hello, @treasurer156.

 

Let's edit the accumulated depreciation to ensure accurate financial reporting in QuickBooks Online (QBO).

 

Here's how:

 

  1. Log in to your QuickBooks Online account.
  2. Click on the Gear icon located on the top right corner of the screen.
  3. Select Chart of Accounts.
  4. Locate the account that holds the accumulated depreciation amount.
  5. Click the dropdown under the Action column.
  6. Identify the entry that needs to be edited and click on it.
  7. Make the necessary changes to the accumulated depreciation amount

 

Additionally, you can modify your reports in QuickBooks to show the correct data for each company. Here are articles you can use to make changes to the filters and other information:

 

 

Let us know if you have further questions about managing accumulated depreciation in QBO. We'll be right here to help you at any time.