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Re: purchase asset

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February 19, 2013 09:34AM
Earl,

In the Corp books we do not have A/R Loan accounts automatically, this why I had you set this up as a Long Term Asset. Your loan is your liability and an asset to the Corp books. When the Corp is receiving a loan payment from you, the Interest will have to be posted as a separate line item posting to Revenue for Interest Earned and the principal payment (from you) will reduce the A/R Loan account.

Do you need steps on how to setup the House purchase in your personal books in FW? This is where you can setup the Purchase and pay with a Loan from the Corporation.

Thanks,

Kathy Cline,
Trimble Ag Software Support
For fast replies email: TABS_Support@trimble.com
SubjectAuthorPosted

purchase asset

Earl WFebruary 09, 2013 12:56PM

Re: purchase asset

Kathy ClineFebruary 12, 2013 09:50AM

Re: purchase asset

Earl WFebruary 12, 2013 01:52PM

Re: purchase asset

Kathy ClineFebruary 12, 2013 04:47PM

Re: purchase asset

Earl WFebruary 17, 2013 04:01PM

Re: purchase asset

Mitch KonenFebruary 17, 2013 07:47PM

Re: purchase asset

Earl WFebruary 18, 2013 10:31AM

Re: purchase asset

Kathy ClineFebruary 19, 2013 09:34AM

Re: purchase asset

Earl WFebruary 20, 2013 03:15PM

Re: purchase asset

Kathy ClineFebruary 21, 2013 03:48PM



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