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Rubielyn_J
QuickBooks Team

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Our goal is to make QuickBooks as user-friendly as possible, @jbradley1.

 

I can see how managing your inventory is critical to hitting profit targets. As at the moment, you can continue following the process you used to transfer inventory to fixed assets.

 

The key to managing inventory and fixed assets is to adopt a robust tracking system as part of your accounting process. This enables you to calculate depreciation, monitor maintenance needs, and schedule repairs on your fixed assets. For an inventory, it helps you avoid running out of stock and can even control theft of your goods.

 

Also, I recommend consulting an accountant for further guidance. They may have several ways on how to move inventory to fixed assets after use.

 

You can as well visit our QuickBooks Blog so you'd be updated on the latest product updates, improvements, and feature releases.

 

Additionally, here's an article you can read through on how to use fixed asset manager in QuickBooks Desktop. 

 

Please know that you're always welcome to comment below if you have follow-up inquiries about managing your inventory and fixed assets in QBDT. I'm just around to help. Have a great day.

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