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Level 1

What is the accounting treatment for buying storage container ?

Hi,

 

I buy a container for storage purpose. Please advise me how i can treat this transaction ?

2 Comments 2
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QuickBooks Team

What is the accounting treatment for buying storage container ?

Hi Brian Nguyen. I recommend you reach out to an accountant about what would be the best accounting treatment in your situation. Everyone's situation is different and it's always best to speak with a  licensed CPA about these subjects.

 

If you need help finding one, just head over to the Find an Accountant page to locate a QuickBooks Certified Pro Advisor in your area. If you need anything else, leave a reply below. Have a great rest of your day. 

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Level 15

What is the accounting treatment for buying storage container ?

@Brian Nguyen 

 

create a fixed asset account for the storage container, use that account as the expense (reason) for the payment

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