Depreciation question

I understand what you feel, @ChristyV. I've come to help you manage depreciation in QuickBooks Online.

Calculating asset depreciation is a tricky process because they aren't depreciated automatically by the system. Instead, you can manually create journal entries to track depreciation.

For a more detailed step-by-step procedure, you can review this article: Depreciate assets in QuickBooks Online.

While doing this, I recommend consulting your accountant for guidance to ensure you track them seamlessly. If you don't have one, consider visiting this link to look for one in your area: https://quickbooks.intuit.com/find-an-accountant/

I'm more than willing to listen if you have any other concerns about handling your properties. I'll ensure your needs are taken care of. Keep safe always. 

@ChristyV 

It needs to be calculated manually and then entered in QBO.  The journal entry is: debit Depreciation Expense, credit Accumulated Depreciation - Truck (fixed asset account).  You can set up a recurring journal entry so the entry is automatically made each month.