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cthomas22119
Level 1

Entering multiple/same fixed assets

Hello,

 

i am setting up a company file for a party rental business.  I purchased 2019 QuickBooks Pro for the desktop. Customers/AR is all done.  I do have an issue on the AP side of entries.  I need to add the start up expenses, which I would think would be fixed assets that would depreciate over the next few years.  Party tents have been purchased, but multiples of the same sizes, i.e.:  2 each of 10 x 20 tents, 10 x 30 tents, etc.  I created a fixed asset main account of tents, then a sub account fixed asset of each size.  I also created a fixed asset item list for each specific size.  When I went to create a purchase order for the initial purchase of 2 10 x 20 party tents, and 3 10 x 30 party tents, the qty field in the purchase order prepopulates to only quantity 1.  I have found no where to adjust this quantity.  Why is this?  Why can’t I enter the quantity purchased as they truly are fixed asset?

Carol Thomas

Solved
Best answer January 11, 2020

Accepted Solutions
FritzF
Moderator

Entering multiple/same fixed assets

Thanks for posting in the Community, @cthomas22119.

 

The option to enter a quantity when using a fixed asset item on a purchase order (PO), bill, or check in QuickBooks Desktop (QBDT) is currently unavailable. You need to manually enter the total value/amount of the item. (i.e item value x quantity = new value/amount).

 

I'll pass along your suggestion to our Product Developers. They're always looking for ideas from users on how to improve QuickBooks. In the meantime, I recommend visiting our Blog site. This is where we share recent happenings and future developments, such as updates to newly added features.

 

Just in case, I'll add this article for future reference: Accounts Payable workflows in QuickBooks Desktop.

 

Please let me know if you have any other issues or concerns in the comment section below. I'm always here to help. Enjoy your weekend!

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1 REPLY 1
FritzF
Moderator

Entering multiple/same fixed assets

Thanks for posting in the Community, @cthomas22119.

 

The option to enter a quantity when using a fixed asset item on a purchase order (PO), bill, or check in QuickBooks Desktop (QBDT) is currently unavailable. You need to manually enter the total value/amount of the item. (i.e item value x quantity = new value/amount).

 

I'll pass along your suggestion to our Product Developers. They're always looking for ideas from users on how to improve QuickBooks. In the meantime, I recommend visiting our Blog site. This is where we share recent happenings and future developments, such as updates to newly added features.

 

Just in case, I'll add this article for future reference: Accounts Payable workflows in QuickBooks Desktop.

 

Please let me know if you have any other issues or concerns in the comment section below. I'm always here to help. Enjoy your weekend!

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