Discussion List

  • Hi, I have a particular situation where you purchase something as an asset, but under the bill option there is only expense / COGS. Where can I add my purchase to an asset account? 2) If my purchase is for COGS item, I purchase it, it goes to COGS as expense, but at the same time doesn't it need to balance the inventory asset side? Which is weird…
    Justin 1.7K views 48 comments Most recent by Kristian_G April 30, 2020 7:43PMAccounting Technical Support