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userchristo
Level 1

I have loaded my assets cost price and selling price. If i go to asset summary it does not show me the total amount of assets value i have. How can i correct this

 
1 Comment 1
Mark_R
QuickBooks Team

I have loaded my assets cost price and selling price. If i go to asset summary it does not show me the total amount of assets value i have. How can i correct this

Welcome to the QuickBooks Community, @userchristo.

 

Allow me to provide some information about tracking your stock value in QuickBooks Online (QBO).

 

When you set up your stock product, the total amount of the asset value will only show on the report once the items are already sold. Also, it's better to run the Stock Valuation Summary or Stock Valuation Detail report to know how the transactions affect your asset value. For more details, you can read this article: Use reports to see your sales and stock status.

 

You might also want to check out this link to learn more about managing stocks in QuickBooks Online.

 

Please let me know if you need clarification about this, or there's anything else I can do for you. I'll be standing by for your response. Have a great day.