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October 15, 2024
Question

Purchased Company Truck and Paid in Full

  • October 15, 2024
  • 1 reply
  • 0 views

We purchased a new truck from the dealership recently and paid full with certified cheque. How do I record this in QB? How do I add depreciation when the car was paid in full. Please help!!

1 reply

October 15, 2024

Hello Rtony123,

 

Welcome to the Community. QuickBooks is a versatile program that helps you to manage your accounting with ease. I'll be glad to share more info so you're on the right track with your work. 

 

Recording your transactions the right way is essential for ensuring your books remain accurate. That said, I recommend consulting an accounting specialist for expert advice. This ensures your entries are recorded in a way that allows for you to navigate the program with peace of mind. You can get in touch with an accounting 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. I'll be here.