Capitalisation

Hello Farmgirlkent9, the purchase equipment/vehicle for the business? Are you looking to set that up as a current asset to the business? If so you can go to accountng>chart of accounts>new and then set up the asset from the detail type drop down>name it and save. You can then go to expenses and create a new one selecting the asset account in the category details >category. Enter the amount and date and bank the purchase came from Then save. You may also want to set up an expense account to deal with depreciation