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2017-03-04 Quicken & Other Budget/Accounting Software - Hire Purchase:

Is the Toyota on the books as a company car? I don't know how the loan could   exist on the books without the car also being included on the books.   You can check the fixed asset schedule that comes with

2017-03-02 Quicken & Other Budget/Accounting Software - Purchase of Land:

Yes that is right,    Set up a new account (if you dont have one already) call Land  type = Fixed asset.  Land is not depreciated.     If later you should begin building on the land, set up a other current

2017-02-27 Quicken & Other Budget/Accounting Software - Purchase of Land:

Hi FA,     No do not treat as a fixed asset yet.  It is considered a "deposit".  I would set up a new account called Deposit on Land,  it is a current   asset type of account.  Post the payments to that

2017-02-20 Quicken & Other Budget/Accounting Software - Profit:

Hi FA,     Your goal is to have the profit and loss represent a true statement of net income.   So the best review is to make sure you have accounted for all your balance sheet accruals   correctly.  

2017-02-17 Quicken & Other Budget/Accounting Software - Opening Balance:

So when the check was written to petty cash to reimburse it,  what expense category did you use  to code that check?   Whatever that expense account was,  that is the one you need to use.   You should

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