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Sales Tax Calculations and Long-Term Assets Management

You may set up your state, county, local, and/or district sales tax calculations within the Intuit QuickBooks software product.

You may set up your depreciable basis and tracking for your fixed assets.

You may set up and track amortization and depletion within your software.  This works similary to the depreciation tracking function for long-term fixed assets. 

Amortization tracks long-term intangible assets over their lifetime.  

Depletion tracks long-term natural assets over their lifetime.

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