Quicken & Other Budget/Accounting Software/Write Off

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Question
What is the entries to write off an asset in Quickbooks? - a printer

Assume the printer may already have been completed depreciated.

Answer
Hi Farida

Debit Accumulated Depreciation - for the total purchase price of the printer
Credit  Fix asset account- Computers for the total purchase price of the printer

Hope this helps

Linda Saltz, CPA
Advanced Certified QuickBooks Advisor
www.qbalance.com

We sell and support QuickBooks Enterprise

Quicken & Other Budget/Accounting Software

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Linda Saltz, CPA, QBalance.com

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QuickBooks best practices, troubleshooting, accounting, tax We have over 70 pages of website content about QuickBooks tips, running a business, tax and business startup at http://www.qbalance.com

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Accountant and CPA over 20 years. Specializing in accounting software for over 12 years, Certified QuickBooks Pro Advisor, QuickBooks seminar instructor since 1997.
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