How do I record purchase of fixed assets done in 2017 and also bring down the bank balance as at 01 March 2018?

muchemedzielison · ‎June 05, 2020

gayatriluthfias20 · ‎July 06, 2020

Hi @muchemedzielison , i think you could make a new set up an asset account, because fixed item list unavailable in QBO. Don't forget to adding description in the note about it have done purchased in 2017. Then, making journal entry of purchase fixed aset with date that bring down the bank balance at 1 March 2018.

Comment back if needed. Have a good day.

How do I record purchase of fixed assets done in 2017 and also bring down the bank balance as at 01 March 2018?

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