Is this right? I sold a GPS unit that was listed as a capital asset. I did a depoist to my chequing account and chose C- and the unit in the right amounts. HOwever, when I do an income and expense report it does not include that anywhere. Am I missing something or is this right?
Hi Sharlette! That is correct, it won't show on the I/E report although it will show under the Sales section on your GST report.