cancel
Showing results for 
Search instead for 
Did you mean: 
xartuni-investme
Level 1

How would the registration for the purchase of a house?

 
2 Comments 2
MichaelDL
QuickBooks Team

How would the registration for the purchase of a house?

Happy Friday, @xartuni-investme.

 

Do you need to record the purchase of a house as a fixed asset in your company's books? I'll guide you through doing so below:

 

Recording the Purchase of a House

  1. From QuickBooks Online, navigate to the Accounting tab and the Chart of Accounts section.
  2. Click New ▼. Select Fixed Asset for the Account Type, and choose an applicable Detail Type like Buildings.
  3. Assign an Original Cost on an As of date, and click Save and close.

For more information, check out our guide on creating new ledger accounts. I'm including a brief video demonstration in which I create a Fixed Asset account below:

 

This allows you to record the purchased value of whatever assets your business acquires. Please let me know if there's anything else I can do for you, I want to make sure you're taken care of. Thanks for dropping in, wishing you a magnificent weekend ahead.

Rustler
Level 15

How would the registration for the purchase of a house?

this is a duplicate post, please go to the other post which has more answers

https://quickbooks.intuit.com/community/Reports-and-accounting/How-to-register-the-purchase-of-a-hou...

Need to get in touch?

Contact us