The fixed asset list is not connected to any accounting entries, it is just a memo area for your use

You create the fixed asset account in the chart of accounts, and fund it, as well as an associated sub account for accumulated depreciation.

Whether an asset is paid for or not, […]

Resolution for 'associated sub account issue: 'How can I get my fixed assets to show up on the balance sheet reports in quickbooks premier nonprofit? Everything is paid for there is no balances to report.' available: Yes.

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

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