Need some help categorizing a capital expenditure for a small business and which tax line to assign


  • NotACPANotACPA SuperUser ✭✭✭✭✭
    edited January 27
    A capital expenditure would be a TRANSFER to some sort of Asset account ... by definition, a "capital" expenditure isn't an expense ... and only Income & Expense items have tax lines.
    Q user since DOS version 5
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