amortize start-up \ organization costs

Jul 20, 2005 1 Replies

Does quickbooks provide a method to amortize expenses such as start-up and organization costs as required by our Uncle (as in Sam)?



Yes, QB has a feature that allows the user to make journal entries to record amortization of the expenses you mentioned. If you use the US Accountant's Edition there is a fixed asset module built in that can keep track of these types of assets and record the amortization expense.

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