how to add a property purchase ?

Question asked by Ryan Thomas 9 years ago

how to show a property purchase in clearbooks ?

make new asses account to track it ?

4 Replies

Paul Scholes

Accountant

1127 entries

Ahhhh no, you should create a new Property purchase account in the "cost of sales" area

9 years ago

Ryan Thomas

33 entries

cool thanks.

9 years ago

Ryan Thomas

33 entries

is this ok to use when the prop has been bought for resale not long term ?

9 years ago

Paul Scholes

Accountant

1127 entries

Hi Ryan - you should already have a "Land & property" Fixed Asset code ready for this, CB's code = 7001003

9 years ago

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