Buying it created a Fixed Asset. If you held it and used it you would take depreciation to recover cost. If title transferred Create a sales receipt for selling price and reduce it by the Current Asset private loan amount.  Each month contractor pays you apply to principal and interest. […]

Resolution for 'COMPANY BOUGHT AND SELLING TO VENDOR issue: 'COMPANY BOUGHT AND SELLING TO VENDOR The company bought a car and now is selling to a contractor on monthly payments' available: Yes.

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

For more information about resolving issues related to COMPANY BOUGHT AND SELLING TO VENDOR in Quickbooks/QBO or to get support for the issue 'COMPANY BOUGHT AND SELLING TO VENDOR The company bought a car and now is selling to a contractor on monthly payments', click the link below: