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Sep 9, 2022 12:16 PM UTC
Solved

As finance payment on a rental cannot be offset against tax, where should they be recorded? If it is entered as an expense then it ends up as a YE deduction on the P&L.

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Ashleigh1Answer
Sep 9, 2022 2:54 PM UTC

Hello Lorraine10, 

 

Welcome to the Community page, 

 

We would advise that you speak to a trained and qualified accountant on the best way to record this in your QuickBooks account. 

1 reply

Ashleigh1Answer
Sep 9, 2022 2:54 PM UTC

Hello Lorraine10, 

 

Welcome to the Community page, 

 

We would advise that you speak to a trained and qualified accountant on the best way to record this in your QuickBooks account.