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Créé le 11 jan. 2018

Disqus Agexpert Accounting Questions Archive

I am wondering what accounts to use for a disbursements for a loan to build 2 buildings? and can you expense the electricians, plumbing, and the materials for the building, as well as the labour?

  • RÉPONSE
    10 fév. 2025

    Hi Crystal, Yes you can include it all as part of the building. I like to set up an asset account - accumulate everything in there and then when the project is finished I roll that into a Capital Asset.

    I think you'll find this article from our knowledge base helpful.

    http://community.fccsoftwar...

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