I can not help with HST, you will need to contact a Canadian cpa for how that is accounted for when buying a fixed asset, but the basic accounting for the vehicle

in the chart of accounts, create some new accounts

fixed asset type,

vehicle name/ID
>> cost
>> accumulated depreciation vehicle name/ID

the purchase price […]

Resolution for 'Canadian cpa issue: 'My company purchased a new vehicle which is being financed need to now what accounts to set up and how to set them up' available: Yes.

The Canadian cpa 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 Canadian cpa issue yourself by looking for a resolution described in the article. If it is a complex Canadian cpa issue or you are unable to solve the issue, you may contact us by clicking here or by using other Canadian cpa support options.

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