Currently we have some asset accounts that we have already created in Quickbooks that represent fixed asset categories. We download credit cards and create POs and Bills using those fixed asset categories. It looks like the Quickbooks tool would require us to duplicate those items in the Fixed Asset Item List? Given that the fixed assets can be defined more completely in the Fixed Asset Manager application, why not just have the fixed assets live there?
I don't understand why you have to create them three different places:
1) In Quickbooks as an asset, when you create a check / credit card payment / bill / PO, etc.
2) In Quickbook as an item on the "Fixed Asset Item List"
3) In Quickbooks Fixed Asset Manager as a Fixed Asset.
I understand that the asset manager lets you syncrhonize 2) and 3). That doesn't make it any clearer to me about why 2) exists at all. It seems like an unnecessary concept.