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-idrive4x4-com
Level 1
posted
‎February 26, 2023 12:11 AM
last updated ‎February 26, 2023 12:11 AM

Hi, Is QuickBooks familiar with fixed assets register, automatic monthly depreciations, journals, etc.?

 
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5 Comments 5
Fiat Lux - ASIA
Level 15
‎February 26, 2023 12:32 AM

Hi, Is QuickBooks familiar with fixed assets register, automatic monthly depreciations, journals, etc.?

You need to have a 3rd party app to integrate with QBO

 

NT_2.jpgNT_1.jpg

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Daniela_A
QuickBooks Team
QuickBooks Team
‎February 26, 2023 01:41 AM

Hi, Is QuickBooks familiar with fixed assets register, automatic monthly depreciations, journals, etc.?

Hello there, @-idrive4x4-com. allow me to chime in and answer your question.

 

We have references for setting up fixed assets and for tracking their depreciation. I'm glad to share them with you. But we can only record the depreciation manually via journal entry. As for the calculation of the depreciation value, please refer to your accountant. Fee free to browse these links below to learn more about these features:

 

 

However, if you're referring to something else, then we may need to follow Fist LUX - Asia's suggestion. 

 

If you have other questions on the fixed asset topic, you can always go back to this thread.

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-idrive4x4-com
Level 1
‎February 26, 2023 02:31 AM

Hi, Is QuickBooks familiar with fixed assets register, automatic monthly depreciations, journals, etc.?

Hi, which 3rd party app can I use for this?

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Fiat Lux - ASIA
Level 15
‎February 26, 2023 04:31 AM

Hi, Is QuickBooks familiar with fixed assets register, automatic monthly depreciations, journals, etc.?

It costs GBP 15/month/company file. If you are interested in exploring it, send me a private message and we will introduce you to the owner of the app.

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Anonymous
Not applicable
‎February 26, 2023 05:04 AM

Hi, Is QuickBooks familiar with fixed assets register, automatic monthly depreciations, journals, etc.?

I appreciate you for posting here in the Community, idrive4x4.

 

We are unable to suggest a specific application for setting up fixed assets and for tracking their depreciation. Nevertheless, you can follow the steps below to get one. You may also reach out to the third-party app provider regarding the integration process. Here’s how:

 

  1. In QBO, go to the Apps menu at the left pane to get to the Finds Apps page.
  2. Enter a keyword in the Search bar.
  3. Select the app you want to use.
  4. Click Get app now.

 

Additionally, here are some useful resources to help you categorise transactions and reconcile your account:

 

 

Feel free to add a reply if you have more questions about importing transactions. Have a good one!

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