2022-07-20
15:59
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2022-07-20
15:59
purchase of fixed asset
Hello
I bought an equipment on installment. How do I record of purchase and 1st installment. I tried to use option
Select Accounting - Fixed assets.
Select New fixed asset.
Fill in the information about the fixed asset.
but How do I record of payment of 1st installment?
Thanks
1 SVAR 1
2022-07-20
16:30
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2022-07-20
16:30
Hello
A purchase on installment is record:
Debet 12XX Fixed asset
Kredit 23XX Liability
The payment of 1st installment is record:
Debet 23XX Liability
Kredit 1930 Bank
So the Fixed asset is depreciated and the Liability is amortized with your payments.
Best regards
RoffaK
Svara
