Recording A New Car Purchase

59 Results For Recording A New Car Purchase

Recording A New Car Purchase

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Luxury Car Tax (LCT)

…luxury car tax threshold) How do I record the LCT amounts? GST-Ready software versions have a new tax architecture to record and report the amounts of LCT and GST on the sale of luxury cars. Use the…

Trade-ins

…to record trade-ins? Before recording any trade-in transactions, you will need to setup: * a new asset banking account - to be used as a clearing account to 'hold' the value of the trade-in * a new inventory…

MYOB Essentials Accounting - hire purchase setup (GST accrual basis)

…default, or you can create a new one if you need to. * Click Save. Task 5 - Record the periodical payments To determine the periodic amounts to be paid, divide the total purchase price by the total amount…

Hire purchase setup - GST cash basis

recording it (go to the Edit menu and choose Recap Transaction), the journal entries would appear as follows: * Click Record. Note: At this stage the purchase is not recorded on the BAS. Task 7 - Record

Hire purchase setup - GST cash basis

recording it (go to the Edit menu and choose Recap Transaction), the journal entries would appear as follows: * Click Record. Note: At this stage the purchase is not recorded on the BAS. Task 7 - Record

International purchases and GST

…to record overseas purchases and account for the GST and costs associated with importing products. The following methods are provided for completing this process: Recording an overseas purchase and treating…

Hire purchase setup - GST accrual basis

…Expense tab then click New. The Edit Accounts window is displayed. * Set up a new Detail account as shown in the example below. * Click OK. Task 4 - Record the initial purchase * Go to the Banking command…

Hire purchase setup - GST accrual basis

…Expense tab then click New. The Edit Accounts window is displayed. * Set up a new Detail account as shown in the example below. * Click OK. Task 4 - Record the initial purchase * Go to the Banking command…

Trade-ins

…to record trade-ins? Before recording any trade-in transactions, you will need to setup: * a new asset banking account - to be used as a clearing account to 'hold' the value of the trade-in * a new inventory…

Trade-ins

…to record trade-ins? Before recording any trade-in transactions, you will need to setup: * a new asset banking account - to be used as a clearing account to 'hold' the value of the trade-in * a new inventory…

Trade-ins

…to record trade-ins? Before recording any trade-in transactions, you will need to setup: * a new asset banking account - to be used as a clearing account to 'hold' the value of the trade-in * a new inventory…

Employee purchases and GST

New. * Create a customer card called Employee Purchase. Alternatively you can create a customer card for each employee that purchases goods/services from you. * Click OK. Recording an employee purchase