Asset posting
Gibson
Member Posts: 1
How to record a purchase of a vehicle to asset , when i you scan the receipt it does not give the asset category choice ?
0
Gibson
Member Posts: 1
How to record a purchase of a vehicle to asset , when i you scan the receipt it does not give the asset category choice ?
Comments
Hey @Gibson
Unfortunately there are some asset accounts you cannot select with the receipts function, so you would just need to create a regular expense instead of a receipt transaction expense.
Also you can depreciate the asset ( 🚗) if you like by following the steps in this article on Depreciation and Amortization
Also the How To Account For a Loan Article might help you depending on how you purchased this vehicle.