Get a free account on my website here:
https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses

Get the full experience with write ups and downloads where applicable here
https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses

Get Bulletproof Bookkeeping with QuickBooks Online here:
https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses

Knowledge Center:
https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses

Live Support and One to One Training:
https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses

Get templates:
https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses'>https://nerdyurl.com/bpbkcourses

Index

00:20 Purpose of the video

00:55 Sample company in QBO

01:33 Google sheet use case for grouping fixed assets

02:20 Balance sheet report overview in QBO

03:53 Explaining methods of depreciation

05:30 Start in chart of accounts creating new fixed asset account

06:23 What's a fixture?

07:17 Spending more than $500, capitalize it and depreciate

10:50 How many years can you carry a loss forward

13:14 Adding machinery and equipment as an expense

16:00 Adding in description for fixed asset in google sheet

17:41 Balance sheet machine and equipment

18:16 Adding in a column as accumulated depreciation and current period depreciation

19:50 Export transaction details to add into the google sheet faster

20:18 Adding in book value and book value formula in google sheet

21:59 Adding in google sheet link to the expense

24:00 Adding in a new fixed asset vehicle

25:58 What is a vehicle categorized in the tax return?

29:41 Key to adding the vehicle as an expense is to add in VIN number in description

31:35 Balance sheet showing fixed assets grouped by account change grouping

32:15 Updating the schedule with the new asset

32:31 Export from QBO to google sheet the fixed assets

34:30 Formatting date as a calendar pop up

36:40 Typing is known for more errors, copy and paste when possible

37:00 Detailing the report for making clear sense on the balance sheet

38:20 Adding another vehicle expense

41:10 Total in balances to determine the depreciation necessary

41:50 Adding in a journal entry for depreciation

49:15 Run the balance sheet and view the fixed assets

51:35 Better view of fixed assets in balance sheet



This content is for information purposes only and should not be considered legal, accounting or tax advice, or a substitute for obtaining such advice specific to your business. Additional information and exceptions may apply. Applicable laws may vary by state or locality. No assurance is given that the information is comprehensive in its coverage or that it is suitable in dealing with a customer’s particular situation. Nerd Enterprises, Inc. does not have any responsibility for updating or revising any information presented herein. Accordingly, the information provided should not be relied upon as a substitute for independent research. Nerd Enterprises, Inc. does not warrant that the material contained herein will continue to be accurate, nor that it is completely free of errors when published. Readers and viewers should verify statements before relying on them.