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.

  1. Start to add the asset.
  2. Choose paid with a loan.
  3. Enter the loan terms — amount, rate, and term.
  4. 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.