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reeservtx
Level 1

RV Rentals

How do I record a small fleet of RVs in Chart of accounts and set them up to track expenses?

2 Comments
john-pero
Community Champion

RV Rentals

Each one is a fixed asset as purchased but you do not track expenses or income separately in your COA. That is too many COA accounts. Keep that list pared down to match your tax return. For this i suggest upgrading to Plus and use Class Tracking, each RV being its own class.

reeservtx
Level 1

RV Rentals

So list each rv  as its own fixed asset, then track expenses for all of the rvs in one separate account.? Do you have any suggestions on how to depreciate the asset?

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