Tag: asset accounts
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How can I change the sorting of the chart of accounts? I want my accumulated depreciation to appear under the related asset.
It is a known issue at this time. There is no way to reorder it like in desktop version. Only way is to show cost first and then depreciation is to assign account number. See attached screen photo for reference. If you feel this feature need to be added in future revision, please add your…
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In Chart of Accounts I do not see any that’s fit for R&D. Which account detail type do I enter our R&D expenses in new QuickBooks Online?
It requires that R&D generally be expensed as incurred now. So, in QBO, it should be considered an Overhead Expense, not a Direct Cost or COGS. How to set up R&D as Overhead (O/H) in QuickBooks Online? Figure out the main primary operating costs for R&D and categorize expense types. In the QBO Chart of…