Austin needs a summary of all general ledger accounts classified as fixed assets. Which QuickBooks report is the most useful?

To provide Austin with a comprehensive summary of all general ledger accounts classified as fixed assets in QuickBooks, the most useful report would be the "Fixed Asset Report." This report offers a detailed overview of all fixed assets held by the company, including asset descriptions, purchase dates, costs, accumulated depreciation, and the current book value of each asset.

Additionally, Austin might consider the "Balance Sheet Report" and customize it to focus on the fixed asset section, providing insights into how these assets contribute to the overall financial position of the business. However, the Fixed Asset Report is specifically tailored for this purpose and is detailed enough to meet the requirements for fixed asset management.