I incorporated my business a few years ago. I accumulated some capital, so I purchased one year GICs in within my corporate account. I am not sure how to itemize the purchase of the GICs in quickbooks. I read a few suggestions here that make sense, thanks for those. For example, one suggestion was to itemize the GIC purchase as an expense, and the brokerage of the GIC as the vendor, and the GIC as an asset purchase, so it does not affect profit and loss. Just want to double check. Thanks
Any suggestions? Thanks in advance