Purchase of New Company Vehicle & Trade In
Hello,
I am after the entry in Myob for the following:
Purchase New Company Vehicle from dealer , outright no finance
with a trade in of old company vehicle to dealer
Can anyone help please , thank you
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Hi macfesto
Thanks for your post. Recording the purchase of company vehicles can be complicated so it is best to speak to your accountant about how to enter this. They should be able to give you a general journal for the purchase. Different accountants want company vehicles recorded in different ways depending on the specific business.
You can check on this Help Article: Customer Trade-ins
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Best Regards,
Cel
