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Créé le 8 fév. 2024

Disqus Agexpert Accounting Questions Archive

Hello folks, I am new to AgExpert, I have been entering all of my expenses through the transaction page, seems to be going well, but I am stumped on how to enter the purchase of a used baler. Appreciate any help, thanks.

  • RÉPONSE
    10 fév. 2025

    Hi Tim,

    Presuming there was no financing or trade-ins, this would be entered as a withdrawal transaction, capital asset purchase. I recommend checking with the accountant for the capital asset class. I hope this helps!

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