Forum Discussion

Ferraloro's avatar
5 days ago

Entering an invoice for the purchase of an asset - furniture

Hi everyone,

 

I'm trying to enter a purchase of $5,000 worth of furniture. I need this recorded as an asset as we will be depreciating this cost. I have tried entering the invoice as a purchase but when I choose the asset account number 1-2210 Furniture at cost to allocate to, I get this message:

Just to be clear, the cost of the furniture is not being fully expensed and we are not selling these items. 

 

Can anyone advise where I am going wrong?

  • Genreve_S's avatar
    Genreve_S
    MYOB Moderator

    Hi Ferraloro

     

    The error message you're seeing is unusual because the purchase window should allow recording entries for asset accounts. I recommend reaching out to the support team to troubleshoot what's causing the error. You can do this through the MyAccount window or live chat via MOCA.

     

    Regards,
    Genreve