cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Unlock the full power of QuickBooks with our Training Classes - Discover more
rinaldomerlo@gma
Level 1

How do I add a new 'fixed asset' (in this case a property purchase) in quickbooks online?

The closest I can find is Chart of Accounts -> New -> Non-current assets -> Other Non-current assets. Or possibly Tangible assets -> Buildings. But I doubt either of those are correct. In my previous years' accounts (done by an accountant) it was shown as a fixed asset.
1 REPLY 1
GeorgiaC
QuickBooks Team

How do I add a new 'fixed asset' (in this case a property purchase) in quickbooks online?

Hi rinaldomerlo@gma, thanks for posting on the Community

 

Fixed assets fall under tangible assets. If you're unsure which account to use, we'd recommend consulting with your bookkeeper of accountant for best practice. 

Need to get in touch?

Contact us