Bookkeeping basics
Record a financed purchase
The asset and its loan, in one step.
Bought something with a loan? Record the asset and its loan together, in one step.
- Start to add the asset.
- Choose paid with a loan.
- Enter the loan terms — amount, rate, and term.
- Save.
Doing both at once means no duplicate — the asset and the loan line up automatically.
What happens next — both the asset and its loan are set up on your books.