Tag Archives: fixed asset

Posting a Vehicle Fixed Asset Sale

This article deals with posting a business vehicle fixed asset sale in your books.   Let’s assume the following items:   There were no liens on your business vehicle. This was entirely a cash sale. There are no trade-ins involved.   Before proceeding in your books, you will need to realize the following:   You

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Posting a Business Vehicle Fixed Asset Purchase

This article deals with posting a business vehicle fixed asset purchase in your books. Let’s assume the following items on your motor vehicle buyers order:   Tax, Title, License and Registration fees GAP Insurance There was a cash deposit from the buyer. The vehicle is financed primarily by a loan.   In this article, we

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