Asset Account Computer Hardware
Tony Nelson
tonyn at openlearning.com
Wed Jul 2 12:44:50 EDT 2008
Hi All,
I have an Asset Account called Computer Hardware, which is there (I
believe) so that I can track hardware assets that need to be depreciated
at the end of year by my accountant.
Ok, let's say I buy a computer with my credit card.
I enter the transaction in my Credit Card liability account specifying
computer hardware as the expense type.
That all works, but, the hardware transaction does not show up
automatically in the Computer Hardware asset account.
Do I need to manually enter it in two places?
Thanks in advance,
Tony
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