Skip to Main Content
Community Forum Portal/Portail du forum communautaire
Status Answered
Created by AgExpert Support
Created on Jan 11, 2018

Disqus Agexpert Accounting Questions Archive

I am wondering what accounts to use for a disbursements for a loan to build 2 buildings? and can you expense the electricians, plumbing, and the materials for the building, as well as the labour?

  • ADMIN RESPONSE
    Feb 10, 2025

    Hi Crystal, Yes you can include it all as part of the building. I like to set up an asset account - accumulate everything in there and then when the project is finished I roll that into a Capital Asset.

    I think you'll find this article from our knowledge base helpful.

    http://community.fccsoftwar...

  • Attach files