I am trying to get an understanding of how to account for assets under Section 179.  
I have a handful of vehicles that were fully taken under Section 179 for taxes, the result is a $0 Depreciation basis for tax purposes.  I would like to mirror this in my Quickbooks.  How do I record this section 179 reduction to the fixed asset basis?  
Then, how do I record the sale of these vehicles (this is my main focus - these assets are gone but sitting on my BS)?
Currently, I have assets sitting in my fixed assets at full value that should have a full reduced basis due to the Section 179 and I have sold them.
For example: For simplicity lets say I purchased a vehicle for $1,000 with a 5 year life, I took section 179 and reduced the basis to $0 in the first year - how would this be recorded/reflected in Quickbooks if I want to mirror my taxes?
Someone mentioned creating an additional account called "Basis Reduction" - I assume this would be to reduce the fixed asset account for each asset (Dr Basis Reduction Acct, Cr Fixed Asset Vehicle), but would type of account would this be (equity)?
Thank you so much for your help!