Ethel_A
QuickBooks Team

Other questions

I'm here to help you record fixed assets in your QuickBooks Desktop account, @Eharper.

 

First, we have to create an asset account to track the current and depreciation of your assets.

 

Here's how:

 

  1. Go to the Accountant tab, and then choose Chart of Accounts.
  2. From the Account dropdown, choose New.
  3. From the Add New account: Choose Account Type page, and choose Fixed Asset (major purchases).
  4. Click Continue.
  5. From the Add New Account page, enter the necessary details. 
  6. In the Detail Type drop-down arrow, select the option that nearly describes the asset.
  7. Enter the account name.
  8. Click Save and Close.

 

Once done, you can record the asset through Journal entry.

 

Here's how:

 

  1. Go to the Company menu and select Make General Journal Entries.
  2. Fill out the fields to create your journal entry. Make sure your debits equal your credits when you’re done.
  3. Select Save or Save & Close.

 

Also, you may find these articles helpful:

 

 

Keep me posted if you have other questions about fixed assets. I'm always here to help. Have a great day!