Create the asset account(s) for the equipment
Create the loan liability account for the total amount
Create a dummy bank account called Barter

Journal entry
debit the equipment asset account(s) for the amount(s)
credit the loan liability account for the total amount

Create the invoice for the work you do, then receive payment and deposit the […]

Resolution for 'asset from a paid invoice issue: 'We just purchased equipment we are paying for through work we are doing for that company. How do I add the asset then apply a payment for the asset from a paid invoice?' available: Yes.

The asset from a paid invoice 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 asset from a paid invoice issue yourself by looking for a resolution described in the article. If it is a complex asset from a paid invoice issue or you are unable to solve the issue, you may contact us by clicking here or by using other asset from a paid invoice support options.

For more information about resolving issues related to asset from a paid invoice in Quickbooks/QBO or to get support for the issue 'We just purchased equipment we are paying for through work we are doing for that company. How do I add the asset then apply a payment for the asset from a paid invoice?', click the link below: