Skip to main content
January 22, 2023
Question

How to record Trade In computer equipment?

  • January 22, 2023
  • 1 reply
  • 0 views

Traded in a computer, valued at $500 for a new computer.   The new computer is on a payment plan.  The trade-in credit was applied against the cost of the new computer.    Payments are monthly.  Please help, how to record the entry.

1 reply

January 23, 2023

Hi there,

 

Welcome to the QuickBooks Community! When it comes to managing your books, QuickBooks is the go-to program that enables you to manage your work with peace of mind. I'll be happy to share more info so you're on the right track with your work. 

 

In order to accurately record your transactions, I highly recommend consulting an accounting professional for expert advice. This ensures your books remain accurate while you continue to manage your work with peace of mind. You can also get in touch with a professional using this link here. Other accounting professionals are able to see this post in the Community and this will allow them to chime in. 

 

Let me know if this info helps. Otherwise, you're more than welcome to ask other questions in the comments below.