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Status Answered
Created by AgExpert Support
Created on Jun 11, 2017

Disqus Agexpert Accounting Questions Archive

We bought a tractor new and financed it but traded a tractor also. How would I enter it into ag expert?

  • ADMIN RESPONSE
    Feb 10, 2025

    Hi Erin,
    Enter a withdrawal for $0.00 (assuming no downpayment).
    Then for your detail lines, you will need a C- to trade in the old tractor, an L+ to record the financing and then a C+ line to record the new tractor. The C+ line should be equal to the C- and the L+ lines added together.

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