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Level 1

Category for asset purchase transaction in qbse

Just to be clear, I am aware that assets are not accounted for in the self employed version of quickbooks.

I specifically want to know how do I categorise an asset purchase transaction under qbse.

 

Thanks, Doug.

2 REPLIES 2
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QuickBooks Team

Category for asset purchase transaction in qbse

Hi dr4dr4

 

You can exclude this transaction/s as they do not form part of the disallowable/allowable expenses template within QuickBooks and include the amount in the relevant section within the full SA103f you submit to HMRC.

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Level 1

Category for asset purchase transaction in qbse

Many thanks.