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General Journal - buying of equipment

Nicoleen
2 Posts
Cover User
Australia
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General Journal - buying of equipment

Any help please Smiley Happy  We took a loan out and bought some farm equipment - how do I record this in Myob?  My Accountant said I have to do a General Journal but I have no idea how to record this so that at the end I can claim the GST and have the assest as well as the loan/liability in my books.  Any step by step advice will be appreciated. Thanks in advance. Nikki

2 REPLIES
Ultimate Partner ronatbas
3,158 Posts
Ultimate Partner
Australia
Accepted Solution Solved Solution

Re: General Journal - buying of equipment

@Nicoleen

 

See if this one works - no journals.

 

http://community.myob.com/t5/From-our-Business-Gurus/Capital-Purchases-and-Finance-in-AccountRight/b...

 

 

Ron B
BAS Group
03 95588477

info@basgroup.com.au
Making MYOB work for you
Nicoleen
2 Posts
Cover User
Australia

Re: General Journal - buying of equipment

Wow Ron - thanks SOOOO much for your help. 

Much appreciated.

Nicoleen Smiley Happy

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