(1) Set up an account “Vehicles” as a “Fixed Asset Account”.

(2) Set up “Vehicle Loans” as a “Long Term Liability Account”

(3) Create a General Journal Entry. Debit¬†“Vehicles” ¬†“Fixed Asset Account”. Credit “Vehicles Loans” “Long Term Liability Account”.

(4) Write a check to the company you bought the vehicle from […]

Resolution for '31 issue: 'How do I record purchase of a Semi-Truck for total price 151,300.00 and down payment 31,260.00 leaving unpaid balance due 120,040.00' available: Yes.

The 31 issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the 31 issue yourself by looking for a resolution described in the article. If it is a complex 31 issue or you are unable to solve the issue, you may contact us by clicking here or by using other 31 support options.

For more information about resolving issues related to 31 in Quickbooks/QBO or to get support for the issue 'How do I record purchase of a Semi-Truck for total price 151,300.00 and down payment 31,260.00 leaving unpaid balance due 120,040.00', click the link below:

Details