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Record the entire expenditure as a Fixed Asset. Then use the Fixed Asset Manager to amortize the expense.
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Journal entry is required for depreciation in quickbooks as well as FAS for peachtree also can be used to automatically record depreciation entries
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Unfortunately, QuickBooks is not backwards compatible - meaning you cannot start with QuickBooks Pro and downgrade to Simple Start (you would have to start a whole new file in Simple Start).
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Do you use Quickbooks and Quickbooks Pro the same way?
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Is QuickBooks is a Technology?
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If Ihave a quickbooks business in quickbooks pro 2005 can this file be loaded into quickbooks pro 2009?
You can update your old file quickbooks pro 2005 when you have a latest version of quickbooks pro 2009 simply by downloading your back up file (using restore file) or your company file (using previous file sort off) and quickbooks will guide you through it to upgrade your file.
Quickbooks Tool hub?
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How much does QuickBooks upgrade cost?
A QuickBooks upgrade cost is $19.99 for you to get the next level of service that you need and not have to buy a whole new system and just the upgrade which is clearly cheaper.
How to create a new company in quickbooks?
Just click on file, then choose new company and follow along with the prompts.
