Was stumped on how to record depreciation and your tutorial helped me. Really grateful to you! Thanks
@CandusKampfer Жыл бұрын
Hi Uma! Glad it helped you. Have an amazing day! Ednalyn ~ Team Candus P.S. We’d love to connect with you! Find us on ↓ Instagram: instagram.com/candus.kampfer Facebook: facebook.com/CandusKampfer TikTok: www.tiktok.com/@canduskampfer Pinterest: pinterest.com/canduskampfer/
@DavoudTavakoli4 жыл бұрын
Very helpful video. I was struggling with assets equation for two weeks. Tonight with one of my friends' help and this video, everything is balanced now. Thanks you!
@CandusKampfer4 жыл бұрын
Glad it helped you, Davoud! If you would like to follow her, click the links below. *Facebook:* facebook.com/CandusKampfer/ *Instagram:* instagram.com/candus.kampfer Have an amazing day! Elaine - Team Candus
@LarryBly Жыл бұрын
Thanks, I also have questions on end of year balance sheet transactions. Really helpful!
@CandusKampfer Жыл бұрын
Hi Larry, Glad it helped you. Have an amazing day! Kindra ~ Team Candus P.S. We’d love to connect with you! Find us on ↓ Instagram: instagram.com/candus.kampfer Facebook: facebook.com/CandusKampfer TikTok: www.tiktok.com/@canduskampfer Pinterest: pinterest.com/canduskampfer/
@chbrules10 ай бұрын
Excellent video. My question is, what do I do about a financed company vehicle? Say it costs $100K after taxes, but I financed 75% of the value. Do I put the absolute total value of everything in the Vehicles -> "Truck" category, or do I need to account for the finance charges in another account? Thank you!
@frankayala3950 Жыл бұрын
Awesome , thank you for the knowledge. Anything on amortization on any of your educational videos ?
@ndayizeyetheobard4633 жыл бұрын
Thx Dear. Too powerful
@CandusKampfer3 жыл бұрын
Yay! Glad it helped you 🙂 Have an amazing day! Elaine -Team Candus P.S. If you would like to follow her, click the links below ↓ *Facebook:* facebook.com/CandusKampfer/ *Instagram:* instagram.com/candus.kampfer
@amaliavazquezamaliavazquez4567 Жыл бұрын
When I put the depreciation of a vehicle, the balance sheet remains in the negative assets, that is correct
@CandusKampfer Жыл бұрын
Hi Amalia, Thank you for watching our videos 😊 I will add your question to the list Candus uses to create new QuickBooks tips each month. If you haven't already joined our weekly QB Tips & Tricks, click here to join and we'll send you our tips straight to your inbox: canduskampfer.com/weeklytips Have a great day! Kindra ~ Team Candus P.S. We’d love to connect with you! Find us on ↓ Instagram: instagram.com/candus.kampfer Facebook: facebook.com/CandusKampfer TikTok: www.tiktok.com/@canduskampfer
@mathushiesivarajah7147 Жыл бұрын
very helpful video I have a doubt how to create depreciation calculated 10% for cash and bought a car for cash Rs.20,000
@FrugalNation Жыл бұрын
Ms. Candus, love your videos. Got a quick questions. On my QBD Chart of accounts screen, everything from Owners Equity down does not show the "Balance Total". How do I fix this so I can see all the balances? Thank you for your time.
@CandusKampfer Жыл бұрын
Hi Robert, I'm glad you like our videos. Here is an article that may help you: quickbooks.intuit.com/learn-support/en-us/reports-and-accounting/why-is-my-chart-of-accounts-balance-total-empty-blank-on-all/00/289211 Have an amazing day! Kindra ~ Team Candus P.S. We’d love to connect with you! Find us on ↓ Instagram: instagram.com/candus.kampfer Facebook: facebook.com/CandusKampfer TikTok: www.tiktok.com/@canduskampfer
@benicia212 жыл бұрын
ty. personally I would have 179’d as much of the Tundra as possible. wipe it off the books right away
@CandusKampfer2 жыл бұрын
😊
@ATInstitute4 жыл бұрын
am grateful
@CandusKampfer4 жыл бұрын
Glad it helped you Monday! If you need help with QuickBooks, you may join her QuickBooks workshop, here is the link to save your seat: *CandusKampfer.com/workshop* Have an amazing day! Elaine - Team Candus P.S. If you would like to follow her, click the links below ↓ *Facebook:* facebook.com/CandusKampfer/ *Instagram:* instagram.com/candus.kampfer
@hafizdanishshah84737 жыл бұрын
Thank You And you style is so different
@ElishebaEleazar3 жыл бұрын
This was really helpful. Thank you
@CandusKampfer3 жыл бұрын
Yay! Glad the video helped you Elisheba 😊 Have an amazing day! Elaine -Team Candus P.S. If you would like to follow her, click the links below ↓ *Instagram:* instagram.com/candus.kampfer *Facebook:* facebook.com/CandusKampfer/
@matthewschoenhardt92692 жыл бұрын
Thanks!
@CandusKampfer2 жыл бұрын
Hi Matthew, Sounds like you enjoyed this tip. If you'd like to get them straight to your inbox in the future you can join our weekly Tips & Tricks: canduskampfer.com/weeklytips Have a great day! Ireland Team Candus P.S. We’d love to connect with you! Find us on ↓ Instagram: instagram.com/candus.kampfer Facebook: facebook.com/CandusKampfer TikTok: www.tiktok.com/@canduskampfer
@danyaheredia5502 Жыл бұрын
IF I AM MAKING MONTHLY PAYMENTS DO I STILL NEEDT O DEPRECIATE IT?
@CandusKampfer Жыл бұрын
Hi Danya, Thank you for watching our videos 😊 I will add your question to the list Candus uses to create new QuickBooks tips each month. The best possible way for you to receive support from Candus is to register for and attend her workshop. Here is the link to register to attend: canduskampfer.com/workshop Have a great day! Kindra ~ Team Candus P.S. We’d love to connect with you! Find us on ↓ Instagram: instagram.com/candus.kampfer Facebook: facebook.com/CandusKampfer TikTok: www.tiktok.com/@canduskampfer Pinterest: pinterest.com/canduskampfer/
@lifein21stCent5 жыл бұрын
I made a journal entry for the purchase of the fixed asset which is partly through financing, indicating the amount of loan,the loan down payment for the asset and the asset price. But when i go to write a check for the fixed asset to the seller, the amount of the fixed asset doubles in the balance sheet.Help what am i doing (Beginner Quickbooks user
@CandusKampfer5 жыл бұрын
Minga, Thank you for reaching out to us! Due to the large volume of comments and emails, we receive daily, Candus isn’t able to respond to all of them any longer. We will add your question to our future tip requests. Please join the weekly tips and tricks to be notified when your question is answered. canduskampfer.com/tips Have an amazing day! Elaine Team Candus
@deepafrancis75012 жыл бұрын
Is it possible to record the fixed assets purchase as bill from vendor and corresponding payment.
@CandusKampfer2 жыл бұрын
I wouldn't recommend that... You can add bills for you month payment. Not for the original purchase. Candus
@GAMESFORUSdotNET8 жыл бұрын
Thank You, nice video.
@lizbethvega85363 жыл бұрын
Good afternoon How I can add a equipment on QB ?
@CandusKampfer3 жыл бұрын
Hi Lizbeth, I added your question to our list. Candus uses questions that are submitted to create new QuickBooks tips each month. Please join the weekly tips and tricks to be notified when your question is answered. *canduskampfer.com/tips* Have an amazing day 😊 Elaine - Team Candus P.S. If you would like to follow her, click the links below ↓ *Facebook:* facebook.com/CandusKampfer/ *Instagram:* instagram.com/candus.kampfer
@iprofessionalsinc.11606 жыл бұрын
How does this work with making normal monthly payments for my vehicle? Am I to guess it has nothing to do with my monthly payments?
@waridi95 жыл бұрын
This example is for depreciation only and has nothing to do with normal monthly payments. For that you will need to set up a loan account and amortize the loan, and simultaneously record interest expense.
@Assistance4166 жыл бұрын
You are my fav !!! xoxoxoxoxoxoxoxo
@50trecore6 жыл бұрын
How can you upload amortization schedules for each of your real estate loan customers?
@CandusKampfer6 жыл бұрын
E T Recore, Thank you for reaching out to us! Due to the large volume of comments and emails, we receive daily, Candus isn’t able to respond to all of them any longer. We will add your question to our future tip requests. Please join the weekly tips and tricks to be notified when your question is answered. canduskampfer.com/tips Have an amazing day! Elaine Team Candus
@muhiajobmwangi6 жыл бұрын
cant i just put the depreciation expense account as a sub account for the toyota?
@ATInstitute4 жыл бұрын
i believe if you cant sum up those cost of the vehicle, then create additional accumulated depreciation for those asset
@user-vv8fr2ku1y8 жыл бұрын
awesome
@yvettedumas62215 жыл бұрын
what if we have more then 1 vehicle
@CandusKampfer5 жыл бұрын
Thank you for watching the video! Due to the large volume of questions and emails we receive daily, Candus isn’t able to respond to all of them any longer. If you are just starting out with QuickBooks or feeling overwhelmed and need help, register to join her next workshop here: canduskampfer.com/getting-started/ Have an amazing day! Elaine Team Candus