You can do it either way, you do not lose any functionality, but what you lose is the ability to easily see the book value of the fixed asset, the parent account which should not be posted to, will sum the cost and depreciation (algebraic sum) and show the current […]
Resolution for 'Accounts Structure issue: 'Best Chart of Accounts Structure for Tracking Fixed Assets and Depreciation?' available: Yes.
The Accounts Structure issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the Accounts Structure issue yourself by looking for a resolution described in the article. If it is a complex Accounts Structure issue or you are unable to solve the issue, you may contact us by clicking here or by using other Accounts Structure support options.
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