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Experienced Member

Which expenses line for a capital expenses

I suppose the subject line is pretty self explanatory.

 

I work as a gardener and I’m not sure which expense line I should use for capital expenditure for new machinery.

 

Thanks

1 REPLY 1
Established Community Backer ***

Re: Which expenses line for a capital expenses

QBSE does not have a balance sheet which is where you would record the purchase, and later the annual depreciation, of a capital asset.  A capital purchase is not an expense.

 

So the short answer is you can not record that in QBSE