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Balance Sheet - PPE

SalenaSalena Member Posts: 3

Hi
I'm looking for some advice on how to allocate the purchase of assets e.g PPE within the transactions. So, I have uploaded my bank statement and I'm now going through each transaction to allocate the income / expenditure. I have various payments to my solicitor regarding the purchase of a property, however I'm not sure how to categorise this as its purchase of a fixed asset but there is no option for this within the expense category drop down section. Any help greatly appreciated! :-)

in Accounting Technical Support

Comments

  • AlexLAlexL Member Posts: 2,869 ✭✭✭

    Hi @Salena . Can you give me some more information on this? I assume you've bought the property, and now you're trying to pay it off? Are these payments to the balance of the property owed?

    Let me know, thanks! :smile:

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