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05/24/2012 at 04:51PM PDT
Important Announcement! A planned system-wide upgrade will take place over the Memorial Day Weekend in the US (From Thurs, May 24, 2012 at 6 pm PDT thru Tues, May 29, 2012 at 5 am PDT). This includes QuickBooks, QuickBooks Payroll, Point of Sale, & Salesforce.com. This is only for US based products. This does not affect QuickBooks Online customers! During this time, you can shop, but can’t place orders online, activate products or update account info. We apologize for the inconvenience & thank you for patience while we improve our infrastructure to better serve you. International versions are unaffected. For more info, see our community discussion.
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Caryn Greenspan
Caryn Greenspan
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02/11/12 11:49am PST

Coding a business purchase in QB

US QuickBooks Premier : 2012: Accountant

I am trying to find info on how to put in a business purchase of 250,000 which is split into vehicles, equipment and a customer base.

Caryn A. Greenspan
Certified QuickBooks ProAdvisor & Tax Professional
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02/11/12 11:57am PST
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Are you working with a CPA? You should be given the splits for this as one journal entry. Some of this is Assets, some may be Liability, and some is Equity.

If this post answers your question, please give a "thumbs up" or mark this Solved to let others know about it.

If you get an emailed Survey, please take a moment to follow up here, too. Thanks!
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