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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...
aryam's avatar
aryam
Contributing User
7 years ago

Hi There

 

I am currently studying bookkeeping and I had a exam and the question was Luxry car purchase with chattel mortage and trade in so it is a bit connfusing however what I did I created an account under bank (trade-in clearing) and allocated the N-T tax code. My question is when I do enrty to myob how to split luxry car and trade in basically how to do myob entry ? it is very complicated I am really stuck any help would be great. 

Thanks in advance

Kind Regards

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