Hi there, qwerty14. I appreciate you for performing the steps provided by my colleague. Let's ensure your fixed assets are recorded properly in QuickBooks Online.

Before anything else, I recommend consulting an accountant when recording your assets in QuickBooks to guarantee accurate asset recording. An accountant can also review your books for any errors or duplicates.

To address the issue of the asset doubling in value, it's essential to review the created journal entries to ensure that the correct accounts have been credited and debited accurately. Specifically, ensure that you credit a bank account or opening balance equity when making adjustments. If you need assistance, consider seeking guidance from an accountant. If you don't have one, you can use our accountant tool to locate a nearby professional.

For further information, you can check out this article on managing fixed assets in QuickBooks: Add and manage fixed assets.

You can also refer to this guide on generating reports to get an overview of your business's assets and liabilities: Run reports.

Feel free to drop by the Community again if you need further assistance managing your assets and other product-related concerns, qwerty14. We're always ready to provide the guidance you need.