Hello folks, I am new to AgExpert, I have been entering all of my expenses through the transaction page, seems to be going well, but I am stumped on how to enter the purchase of a used baler. Appreciate any help, thanks.
ADMIN RESPONSE
Feb 10, 2025
Hi Tim,
Presuming there was no financing or trade-ins, this would be entered as a withdrawal transaction, capital asset purchase. I recommend checking with the accountant for the capital asset class. I hope this helps!
