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ronatbas's avatar
ronatbas
Ultimate Cover User
10 years ago

Capital Purchases and Finance in AccountRight

HOW TO RECORD CAPITAL PURCHASES AND FINANCE IN ACCOUNTRIGHT   There are many finance options available to purchase capital equipment. Commonly used in Australia are:   chattel mortgages: ownersh...
CarlyHutchings's avatar
CarlyHutchings
Contributing User
8 years ago

Hi, I have followed the instructions for the purchase of a motor vehicle.  When I put through the monthly repayment, including a payment of interest, the amount of interest increases.  I would expect that this should decrease as the loan is paid off.  Can you please help with this.

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