Sorry, but the cost principle of accounting prohibits recording a […]

Resolution for 'cost principle issue: 'If I purchase a fixed asset (Equipment) for less than market value, can I show the market value in QB & what GL account is recommended?' available: Yes.

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

For more information about resolving issues related to cost principle in Quickbooks/QBO or to get support for the issue 'If I purchase a fixed asset (Equipment) for less than market value, can I show the market value in QB & what GL account is recommended?', click the link below:

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