Track your fixed assets easily in Quickbooks Online (QBO)

[@nickfmt]

Nice video--and very well-timed for me. I just started my QBO Advanced trial (with your link, natch) yesterday. Have the chart of accounts all imported, and our multiple locations are set up--Fixed Assets are next on my agenda! Your videos have been quite helpful.

[@ClaraCFO]

So great to hear! let me know if there are other things you'd like to see a video on, and I will try to help out!

[@HectorGarciaCPA]

Great video!

[@ClaraCFO]

Thanks @hectorgarciacpa !

[@gabrielnaranjo271]

thank you, Coach. You are one incredible accounting teacher. As a visual learner, it's amazing how much I learning from this. God bless.

[@finance-q8m]

Could you kindly create a video highlighting essential software skills for accounting students to acquire? Your insights on the key software applications in the field would be greatly appreciated.

[@MohammedAbuMusaBhuyain]

I watched your video and thanks. I have a question please, creating a fixed assets register how will it effect accounting report? That means I added Vehicle in Fixed Module as per your video but when I go to Balance Sheet I did not find Vehicle in Fixed Assets. Please explain me how Fixed Assets Module will auto update PL & Balance Sheet?

[@SaifKhan-rq3oi]

Hello , add more to this playlist , ASAP

[@kingcace]

Hey Hannah! Thank you for the great value your content brings. I was curious if you have any tips or videos on how should I present monthly reports to the client.

[@ClaraCFO]

are you a bookkeeper?

[@kingcace]

Learning to be one! :) @@ClaraCFO

[@blacktieaudiovisual]

What are our options for adding fixed assets if we only have the Quickbooks Simple Start plan?

[@stairclimber6027]

I don't see salvage value or depreciation method option. is that only on advanced level subscription levels of QuickBooks? is there a way to automate monthly or annual depreciation on quickbooks once you enter the original asset ?

[@denisefinney8459]

How would you record the purchase of a commercial property (land and building) and all expenses from the settlement statement? Previously we used the journal entry screen. Would you itemize expenses in the fixed asset module or record the total price and journal the line item expenses? Thanks

[@SheenaMarie-k7k]

what if there's a change in depreciation method in the middle of the year or if there's an impairment loss, how can we update or account this

[@billp3995]

QB Essential can't create a fixed asset account just for recording and sales tax purposes? Thanks..

[@ClaraCFO]

You can always set up a new asset account and manually add an asset and depreciation with a journal entry. You'd have to do that for QB essentials.

[@juniorliburd8108]

Hello, do you have to be in accountant view in order to add a fixed asset and setup depreciation of the asset? If you could kindly show how it should be done as a owner setting it up in the regular view

[@ClaraCFO]

Hi - you have to have the advanced version of QBO - do you have that? It shouldn't matter what view you are in, you should have access to it if you have QBO Advanced

[@ParkwoodLane]

How does it handle an asset that's already been on the books (tracked on a separate spreadsheet and manually recorded via journal entry monthly) for some time and has depreciation expense partially recorded?

[@angelicaportillo2807]

I have this question too. Surely the software would not retroactively make depreciation entries?

[@MARTHAM-s7e]

Thank you!

[@lifecoach3]

thank you for great information

[@ClaraCFO]

Thanks for watching!

[@FinancialBook_2.0]

Good Video with good beauty and personality we all like you as well as when we like your video😘