Created with Sketch.Learn about PPP and Loan Forgiveness, stay informed with the latest changes.
Created with Sketch.Need help with 1099's or other Year End topics? Visit our Year End Resources page.
Created with Sketch.New to QuickBooks or using a new product? Visit our Get Started resource page to help you get going.
Created with Sketch.Need to make changes to your account? Visit the Account Manager Portal.
cancel
Showing results for 
Search instead for 
Did you mean: 
Level 3

Chart of Accounts

Hi! Just trying to figure out if I really need both Furniture & Fixtures and Machinery & Equipment accounts. We're an automotive repair shop with a few offices, so I don't know if I can just include the few office furniture expenses in with M&E or not...

Solved
Best answer January 20, 2021

Best Answers
Level 15

Chart of Accounts

You can but it is better to keep them separated.  Those accounts should be used for things which are not subject to accumulated depreciation. Lamps, trash cans, etc etc

View solution in original post

1 Comment
Level 15

Chart of Accounts

You can but it is better to keep them separated.  Those accounts should be used for things which are not subject to accumulated depreciation. Lamps, trash cans, etc etc

View solution in original post

Sign in for the best experience
Ask questions, get answers, and join our large community of QuickBooks users.
Sign In / Sign Up

Need to get in touch?

Contact us