All Questions

We seem to have lost the shortcut capability for Memorized Transactions on the Transaction Entry Screen. Alt+L results in the "Tools" menu popping up.

We recently incorporated and have rolled existing loans from 3 shareholders into our corporate bank account. Do I set these loans up under the chart of accounts with the balance of the loans

We purchased GPS to be used with equipment. Do I add it to the Capital Asset or is it one of the Computer classifications?

We purchased a piece of equipment and split it between our bank account and our Visa account? How would I post that?If I post it as a general journal entry I will get a warning "Adjustments made to capital asset accounts using the general journal ...

We purchased a new piece of equipment along with an extended warranty. What account do I enter extended warranty in or do I just add it into the purchase price of the equipment?

We purchased a new car from a dealership. We made a deposit to the dealer and got financing through them. Therefore the bank paid directly to the dealership. How do I enter the loan on my books? I have set up a loan account, just wondering what en...

We purchased a large fuel tank (11,000L) last year and I was trying to enter it, but can't decide if it is simply an expense, an asset or a capital asset. I feel silly, but I'd rather not have to create a giant problem that I just have to fix afte...

We purchased a cultivator. Then we purchased a Anhydrous kit that will be mounted to the cultivator. Is it possible to add the Anhydrous kit to an existing capital asset (cultivator) or should it be listed on it's own? If so, where do I find this ...

We purchase our fertilizer and spray through our local elevator and have an account with AgPartner with a line of credit for these purchases. We use a cash accounting system. Would I set the AgPartner line of credit up as a loan and post the expen...

We prepaid fertilizer in 2016 to payable account that was paid in full. How do I post this?