house purchase in Personal Plus

Scott_10158507
Scott_10158507 Member Posts: 1 Novice Member Novice Member
edited October 11 in Personal Plus and Home & Business
Hi,

We us Reckon Personal Plus.

We are about to buy a house and I am not sure how to set it up to reflect:

The Asset
The Liability
Amount we have contributed to the purchase

Any assistance greatly appreciated.

Comments

  • Kevin_9915502
    Kevin_9915502 Member Posts: 23 Reckoner Reckoner
    edited August 2019
    Hi Scott, The house is an asset, the mortgage is a liability. An account for each. Cheers Kevin.
  • Unknown
    Unknown
    edited August 2019
    This content has been removed.
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