This is the eleventh in a series of courses covering QuickBooks Desktop Pro 2021; comprehensively. We will discuss the tracking of fixed assets in QuickBooks. Learners will understand the separation of duties that often takes place when calculating depreciation, a separation of duties between the tax preparer and the bookkeeping process. The course will demonstrate how setup fixed asset accounts in the chart of accounts, demonstrating multiple methods, some providing more detail at the expense of more time and effort, some providing faster data input at the expense of less detail. We will show how to add fixed asset item and how to enter transactions that utilize fixed asset item, moving from the financial statements to the asset list to make sure the fixed assets costs reported on the financial statements are reflected on the fixed asset list. Learners will know how the fixed asset items and fixed asset list can be used to provide the necessary tax information to year end tax preparers, information showing purchases, sales, & disposals for the year.