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
- From QuickBooks Online, navigate to the Accounting tab and the Chart of Accounts section.
- Click New ▼. Select Fixed Asset for the Account Type, and choose an applicable Detail Type like Buildings.
- 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.