QuickBooks Desktop | Selling a Fixed Asset and Record Gain or Loss

Well sometimes due to some unexpected reasons you find yourself in a position to sell an asset you may have purchased recently to run your business….

QuickBooks Desktop | Selling a Fixed Asset and Record Gain or Loss


Well sometimes due to some unexpected reasons you find yourself in a position to sell an asset you may have purchased recently to run your business. In that scenario, you may sell it with no gain or loss, or you may sell it which bring you some gain or loss and, in this tutorial, we will see how we can record a fixed asset we sold on book value, at gain, and at loss.

I hope this tutorial will be helpful for someone out there and Thanks for Watching & Don’t Forget To Like, Share & Subscribe.

Author: M. Javed

I work as a Virtual Assistant and offer my services to Individuals and SMEs in Areas; - Accounting and Bookkeeping "Primary field" - Customer Services - Admin Support So, as a virtual assistant, I invite you to contact me at your convenience to schedule a discovery call to see how I can be of some help to you.

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