I sold my vehicle for $8,000, used that money as a down payment on new vehicle, how do I record this?

Hey there, @delenayoung14.

I hope you're having a great week. You can record deposits, and cashiers checks in your bank feed in QuickBooks Online. This will allow you to record the bank deposit from selling your car and the cashier's check you got from the bank. Here's how:

Record Deposits:

1. Go to the +New button and select Bank Deposit.
2. Choose an Account and a Received From account and enter the deposit amount.
3. Press Save and Close.

Record Cashier Checks:

1. Navigate to the +New button and hit Expenses.
2. Select a Payee, and an Account the purchase the cashier's check is from.
3. Fill in the Ref. Number, Date, Amount, and Memo fields.
4. Under Account Details, choose the expense account associated with your purchase.
5. Click Save and Close.

That's all there is to it. You can also check out this article for more information: Record a purchase, payment, or bill using a cashier's check. As for the car payment, I recommend reaching out to your accountant for the best way to record it.

Feel free to drop a line below if you have any other questions. Enjoy the rest of the week!