Get 50% OFF QuickBooks for 3 months*

Buy now
cancel
Showing results forΒ 
Search instead forΒ 
Did you mean:Β 
Announcements
Work smarter and get more done with advanced tools that save you time. Discover QuickBooks Online Advanced.

Reply to message

View discussion in a popup

Replying to:
Rustler
Level 15

Reply to message

Assuming you are taxed as a sole proprietor or a partnership ...

when you enter the purchase

line one, the fixed asset account, full amount

line two, owner/partner equity investment, the personal amount as a negative number

save

Need to get in touch?

Contact us