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Recording Assets in Transactions & Bills

jchambers12jchambers12 Member Posts: 2

If I purchase a single asset from a company I have a single transaction and I can add it to the category Asset Account/Hardware - however if I create a Bill from a monthly credit card and have 5 items in this category I am unable to connect these items to this category. Instead I am only offered the option of adding it to an Expense Account, which then does not get added to my Balance Sheet as an Asset. Any thoughts?

in Accounting Technical Support

Comments

  • JamieDJamieD Administrator Posts: 1,156 admin

    Hey @jchambers12. This is currently a known issue that is being looked into (associating a Bill with an Asset account). You can, however, create an expense transaction in the Transactions section, categorize it as a payment received for bill and associate it with the specific Asset account that you've created. Once we have a resolution for this, we will be sure to update our clients regarding this.

  • SFWaver2016SFWaver2016 Member Posts: 12

    ping interest

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