Home› Accounting› Accounting Technical Support

Would you please let me know how to account car lease payments on wave?

HunterHunter Member Posts: 1

Would you please let me know how to account car lease payments on wave? Would I simply categorize the bank transfer to the vehicle company as Vehicle - Repairs & Maintenance? This is my first business setup, so it would be great if you can provide me with a step by step guide. Thank you very much in advance.

edited September 13, 2018 in Accounting Technical Support

Comments

  • EnsignBellaRoEnsignBellaRo Member Posts: 28 ✭✭

    I think I'd make a new expense account for this (you can do this from the Chart of Accounts), @Hunter, but otherwise, yeah this is also how I would handle it.

Sign In or Register to comment.