How do I put an expense in for purchase of a company vehicle, that is bought privately? The car was purchased 2nd hand. How or do I need to show GST?

Hi ssdoherty78,

Let me show you how to record the purchased asset in QuickBooks Online.

First thing we'll need to do is to set up an asset account for purchased company vehicle. Here's how: 

1. On Accounting tab select Chart of Accounts. 
2. Select New.
3. On Account Type, select Fixed assets.
4. On Detail Type, select Vehicles.
5. Enter Name of this account. 
6. Select Save and Close.

Then, you can create an expense to record the purchase. To do that:

1. Select + New.
2. Select Expense. 
3. Select Payee, Payment account and Payment date for this purchase made.
4. On Category details section, select the asset account created.
5. Enter Amount paid. 
6. Then select Save.

For the GST code, you can select GST on purchases (10%) however you can always check with your accountant on the correct tax code to be used for this transaction for accuracy of your tax reporting. 

You can also check this article from ATO for your reference: GST and second-hand goods. 

Don't hesitate to post in the Community if you have any concerns. Have a great day!