Hi, thanks for reading.
I purchased a residential rental. My background is quickbooks. In there, I go to “Write Checks” and then put my Fixed Asset account, Settlement charges (also fixed asset), and then any pro-rated taxes.
So I went into journal entries here, and mimic’d that, and it worked! And when I go to summary, it shows my fixed asset, all broken out correctly.
However, the main tab of “Fixed Assets” says 0, and journal entries says 1. So I guess I didn’t do something correctly. Should I start over and add a fixed asset, and then journal entry correct anything such as pro rated taxes (less my fixed asset) and settlement charges (a different fixed asset that I depr).