cancel
Showing results for 
Search instead for 
Did you mean: 
jlauren
Level 1

Depreciation of assets

Do any versions of Quickbooks (Online, Desktop, and QB for Nonprofit) automatically calculate deprecation of net assets for you? Specifically, I want to know if you enter an asset such as a computer or a vehicle, will it suggest the number of years to depreciate it and provide a suggested end of life value? Or do you need to get these figures from your accountant? Thank you!

Solved
Best answer September 15, 2020

Best Answers
Fiat Lux - ASIA
Level 15

Depreciation of assets

FAM is only available in some QB Desktop editions

https://quickbooks.intuit.com/learn-support/en-us/manage-fixed-assets/manage-fixed-assets-using-fixe...

 

If you are using QB Online, consider having a 3rd party app to manage and calculate the numbers automatically.

View solution in original post

2 Comments 2
Fiat Lux - ASIA
Level 15

Depreciation of assets

FAM is only available in some QB Desktop editions

https://quickbooks.intuit.com/learn-support/en-us/manage-fixed-assets/manage-fixed-assets-using-fixe...

 

If you are using QB Online, consider having a 3rd party app to manage and calculate the numbers automatically.

jlauren
Level 1

Depreciation of assets

Great, thank you so much!

Need to get in touch?

Contact us