How to Add a short term Category

Hello hail66,

Thank you for reaching out to the QuickBooks Community! I will be happy to assist you with setting up the equipment purchases. Here's how:

1. Select the Gear Icon at the top.
2. Under Your Company, choose Chart of Accounts.
3. On the top right, select New.
4. Under the Account type, choose either Fixed Asset.
5. Select the detail type that best describes the asset, then click Next.
6. Name the account.
7. If you mark the Track depreciation of this asset box, the system will automatically create a Depreciation sub-account for the item.
8. Fill in the original cost fields.
9. Select Save and Close.

For more information about this process, please refer to this article: How do I set up an asset?

However, if you need to record the purchase as an expense, this article effectively assists. 

• Enter and manage expenses in QuickBooks Online

Please don't hesitate to post any questions that you may have. Cheers to a productive and prosperous day.