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Corp: Need help recording fixed assets, I don’t have a purchase price. Company taken over.

“My understanding is current owner was helping out previous owner (sole proprietorship) financially.  Old owner could not pay back, so signed over the business.”

The asset “values” are going to be that debt, then. You will still have Liability and Equity, as well.

“Will find out if it is now a LLC, Corp. […]

Resolution for 'Corp issue: 'Need help recording fixed assets, I don’t have a purchase price. Company taken over.' available: Yes.

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

For more information about resolving issues related to Corp in Quickbooks/QBO or to get support for the issue 'Need help recording fixed assets, I don’t have a purchase price. Company taken over.', click the link below:

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Corp: Need help recording fixed assets, I don’t have a purchase price. Company taken over.

“My understanding is current owner was helping out previous owner (sole proprietorship) financially.  Old owner could not pay back, so signed over the business.”

The asset “values” are going to be that debt, then. You will still have Liability and Equity, as well.

“Will find out if it is now a LLC, Corp. […]

Resolution for 'Corp issue: 'Need help recording fixed assets, I don’t have a purchase price. Company taken over.' available: Yes.

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

For more information about resolving issues related to Corp in Quickbooks/QBO or to get support for the issue 'Need help recording fixed assets, I don’t have a purchase price. Company taken over.', click the link below:

Details

Corp: How to Show Corp name on top of Invoice?

Click on Lists and select Templates. Customize one invoice and statement. Check the HELP section in QB to more details on customization.

Click on Templates and select Duplicate. It will create duplicates for you for each template – rename the templates by clicking on Manage Template, and then […]

Resolution for 'Corp issue: 'How to Show Corp name on top of Invoice?' available: Yes.

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

For more information about resolving issues related to Corp in Quickbooks/QBO or to get support for the issue 'How to Show Corp name on top of Invoice?', click the link below:

Details