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November 21, 2022
Solved

Down Writing Assets in Quickbooks

  • November 21, 2022
  • 1 reply
  • 6 views

Heya, 

I bought equipment for my business and would like to use the "down writing" method to claim it against my profits. I know how the system works, but trying to find out how I input it correctly into Quickbooks. 

Thanks

Best answer by Ashleigh1

Hello Simvid, 

 

Welcome to the Community page, 

 

You could use a journal entry for this but we would advise that it is best to speak with an accountant on how to enter this in correctly as we are just technical support here and not trained accountants. 

1 reply

Ashleigh1Answer
Level 14
November 21, 2022

Hello Simvid, 

 

Welcome to the Community page, 

 

You could use a journal entry for this but we would advise that it is best to speak with an accountant on how to enter this in correctly as we are just technical support here and not trained accountants.