Depreciation Set Up 1) Configuration > Depreciation Types > In the Depreciation Types File, set up the different depreciation methods used and for the periods depreciated. i.e., Straight Line - 5 Years, MACRS - 3 Year, etc Description: will display ...
The following accounts should exist in QuickBooks, with account numbers, before your integration with FocalPoint is set up. Accrual Basis and Cash Basis: - Bank Account: This will be used for the cash, check, and credit cards payments that are ...