Hi,I record it on reconciliation of that bank statement. As an example, let's say I have a %5K t-Bill that matured and was renewed (meaning only the earning hit...
Today I tested whether it works well to set up "Other Asset" accounts for T-Bills, and once matured, TRANSFER that asset at it's original purchase price to a ch...
I understand how to do the deposit. I was hoping there was a way to transfer the asset (original purchase price) to the bank, then do a deposit for the interest...
The questions for me is "What's the whole process?"Do I:1. Create an "Other Asset" account to hold the purchase price of the T-Bill (let's say in this case it i...
I think the questions for me are:When I purchase a T-Bill, do I write a check in QB to the vendor "US Treasury" at the purchase value (let's say $4950)?Do I cre...
