How do I enter a new vehicle purchase (with a trade-in) on finance into AccountRight?

Question

We have a Family Trust and have purchased a new vehicle with a trade-in. Can you tell me what the steps are to take to enter this into AccountRight Basics AU 2020.3.1?

Thank you

Yanike_S · Answer

Hi @mickmatt

This would be something that I would be speaking to the accountant/your accounting advisor about as it would be outside of the scope of MYOB support. We would be able to assist with entering the transaction with your company file if any are required i.e. once you know what accounts, tax codes, and amounts involved in the transaction.

However, in saying that, some members of the MYOB Community may be able to provide some guidance on this situation. I do hope they share their experiences with that.