Vehicle Purchase & Car Loan Setup

Vanessa_10085275
Vanessa_10085275 Member Posts: 35 Reckoner Reckoner
in Reckon Accounts (Desktop)

Hi, is someone able to please give me a set by set guide on how to enter a car loan for a vehicle purchase in reckon accounts hosted?

I know I have to set up Car Loan account (long term liability) & Car Loan Interest account (expense) BUT where and how do I input the car purchase invoice and the car loan opening balance and then monthly payments and interest paid?

Maybe someone knows of a step by step tutorial online?

Apologies if this is a basic question, but I haven't done this before!

Thank you

Answers

  • Kris_Williams
    Kris_Williams Member Posts: 3,690 Reckon Accounts Hosted Elite Expert Reckon Accounts Hosted Expert

    Call me 0415940843… ——-

  • QTMEC
    QTMEC Member Posts: 5 Novice Member Novice Member

    what is the outcome as I to have the Car dealer invoice which I want to claim the GST and I got a bank HP to pay the dealer

  • Kris_Williams
    Kris_Williams Member Posts: 3,690 Reckon Accounts Hosted Elite Expert Reckon Accounts Hosted Expert

    Call me 0415940843…

    Kris Williams

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