Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

tracking capital costs that need to be amortized

tshinkle
Level 1

I need to track the costs of producing videos which need to be recorded in other assets and amortized over the useful life of the video.  I've researched classes, locations, inventory and projects.  I initially wanted to use projects to track the costs but looks like it only hits the expense accounts.  any advice on how to track costs that will need to be recorded on the balance sheet when completed?

Labels (1)
0 Cheers
1 Reply 1
qbteachmt
Level 15

You are lost on the internet.

Based on the terminology you used, you do not seem to be asking about a professional tax preparer's practice (practice advice), but QiuckBooks. The QB Community is here:

https://quickbooks.intuit.com/community/

And you can track what you need to Other Asset; it's not an expense.

*******************************
"Level Up" is a gaming function, not a real life function.