How NOT to Record the Purchase of a Financed Vehicle

www.QBUniversity.org/Masterclass - How NOT to record the purchase of a financed vehicle. Too many clients, subscribers and QBU Members record the purchase of a financed vehicle or financed fixed asset the wrong way in Quickbooks.

And when they do assets and liabilities are understated and usually expenses too. It totally messes up your Quickbooks financial statements. When you record the purchase of a vehicle or fixed asset with a loan, be sure to do it right. My guess is you are doing it wrong and have messed up your Quickbooks.

Watch this video to record the purchase of a financed vehicle or financed fixed asset in Quickbooks the right way!

www.QBUniversity.org/Masterclass