Hello,
I'm wondering the best way to setup chart of accounts to track assets/depreciation in quickbooks online. I have some assets that are instant write off and others that I need to put into a small business pool where I can depreciate the lot at one time. Quickbooks online seems to have a default setup where it wants to track the depreciation per account, ie furniture/cars/other asset types but that doesn't support a bulk depreciation.
Any pointers would be much appreciated.
Cheers. Mitch.