How do I create a new fixed asset account with an account type: Fixed Asset, detail type: Machinery & Equipment, name: Equipment and track deprecciation of this asset in QuickBooks? When I go to the Chart of Accounts to create a new account, I get the attached photo. There's no where to check the "track depreciation" check box
How do I create a new fixed asset account with an account type: Fixed Asset, detail type: Machinery & Equipment, name: Equipment and track deprecciation of this asset in QuickBooks? When I go to the Chart of Accounts to create a new account, I get the attached photo. There's no where to check the "track depreciation" check box
Chapter5: Operating Activities: Purchases And Cash Payments
Section: Chapter Questions
Problem 2.4C
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How do I create a new fixed asset account with an account type: Fixed Asset, detail type: Machinery & Equipment, name: Equipment and track deprecciation of this asset in QuickBooks? When I go to the Chart of Accounts to create a new account, I get the attached photo. There's no where to check the "track
![New account
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Transcribed Image Text:New account
KO
Income Expenses Banks
Save account under *
Q Select...
Tax form section *
Select...
Account name *
E
Description
50
60
Assets
W
Credit
cards
»
Cancel
Po
Liabilities
X
Equity
Save
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