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April 30, 2021
Question

Part exchange of a company van against a new one

  • April 30, 2021
  • 1 reply
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We have purchased a new company van, paid a deposit and part-exchanged our existing company vehicle, and the remainder of the cost is on HP.  How do I record these transactions please?

1 reply

April 30, 2021

Hello Jackieholmes, 

 

Welcome to the Community page, 

 

We would advise that you speak yo a trained and qualified accountant who will be able to advise on the best way to enter this into your account. As we are not trained accountants just technical support.