Forum Discussion
Princess_R
4 days agoMYOB Moderator
Hi JoanneD007,
I get that you're looking for advice on how to record purchasing a database. If the database is going to be a long-term asset for your business, you can record it as a capital purchase. On the other hand, marketing expenses are usually short-term costs to promote your products or services. But to be sure, it's best to check with your accountant for advice that's specific to your business needs.
Feel free to get in touch if there's anything else I can assist you with.
Cheers,
Princess