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Level 1

Tracking instant write off and small business pool assets with depreciation



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.