Transactions > Transaction examples - Capital Assets / Assets (11 entries)
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Recording the purchase of a new capital asset To record the purchase of a new capital asset: Select Transaction Entry ...
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Recording a capital asset purchased and financed by the bank To record the purchase of a capital asset financed by the bank, first record the deposit to your ...
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Recording a capital asset purchase financed by a dealer, with a trade-in To record the purchase of a capital asset financed by a dealer, with a trade-in: ...
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Error: Class 10.1 is being improperly assigned to my new capital asset purchase Problem: You’re trying to enter the purchase of a capital asset, but the ...
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Recording a loan for the purchase of a capital asset with a trade-in Select Transaction Entry f rom the Transaction menu. The ...
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Entering a capital asset built over time You can create a Work in Progress account for entering withdrawals allocated to an asset, such as a barn or a ...
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Recording the sale of a capital asset To record the sale of a capital asset, with GST: Select Transaction Entry from ...
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Selling a portion of a capital asset A capital asset is defined as any long-lived tangible or intangible asset that contributes to the operation of the business throughout ...
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Writing off a capital asset You can write off a capital asset when you have no further use for it. For example, a piece of equipment is ready ...
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Recording insurance proceeds You can use AgExpert Analyst to correctly record insurance proceeds received from a claim on a capital asset, such as a vehicle or building. ...
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Recording a Land Purchase Your land purchase should be recorded from the Statement of Adjustments that you receive from your lawyer. All the information included on the ...