Forum Discussion

danalgama's avatar
danalgama
Member
2 years ago

Land purchase at settlement

Can you please help me to record journal entries for Land purchase at settlement? I have the statement from conveyancer with all the expences, deposit and contribution from the owner.
Shella_A's avatar
Shella_A
MYOB Moderator
2 years ago

Hi danalgama,

 

It's great to have you here in the Community Forum!

 

Thanks for your post. In the process of recording the journal entry, you may refer to this helpful article, Recording a Journal Entry, which will walk you through the process. However, for recording a land purchase entry, I strongly recommend discussing it with your certified accountant, as they have complete knowledge on how to record it properly.

 

Should you require additional assistance, don't hesitate to respond. We also encourage you to connect with our virtual assistant, MOCA, through this link: myob.com/support, for prompt support.


Otherwise, if my response has answered your inquiry, please click "Accept as Solution" to help other users find this.

 

 

Kind regards,

Shella

  • DuncanS's avatar
    DuncanS
    Ultimate Partner
    2 years ago

    danalgama Shella_A 

     

    I would prefer to do a Spend Money.

     

    Has your Accountant been able to help?

     

    Duncan

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