Major Equipment Purchase
US QuickBooks Premier : 2011: Professional Services
How do i categorize something under balance sheet and as an expense?
70
242
d5a3DGu0Or4yUOacwZ5xHE
1 Reply
Rustler
Questions asked: 129
Questions answered: 41411
Points earned: 102639
Questions answered: 41411
Points earned: 102639
Allstar
Advisory council of community power users.
Intuit Moderator
Mod/Co-mod
02/09/12 11:11am PST
Latest post
You do not it is one or the other but not both
if you are buying a major piece of equipment, that is a fixed asset and there is no expense associated with it
If I've helped, mark it solved.
My QB tips Blog >> http://onsale-apparel.com/Rust...
When the majority, who cannot think for themselves, overwhelm the minority who can, you get ... convention.
My QB tips Blog >> http://onsale-apparel.com/Rust...
When the majority, who cannot think for themselves, overwhelm the minority who can, you get ... convention.
