We have purchased a capital asset and split it between the bank account and a visa card. How do I record this entry?
Hi Laurel! There's no way to do one transaction with with multiple payment sources, so you will need to do two transactions. The first would be a Withdrawal from the first payment source for however much came from it, and then add one line: A+ (Asset purchase) and select your Prepaid Items account. Recording this transaction puts it into a temporary location to use with the second transaction. For the second transaction, do a Withdrawal from the second payment source. For your first line, use A- (Asset sale) and again select Prepaid Items and enter the $ amount from the first transaction. From there you can continue the transaction as usual.