Asset purchase & payment terms

Tagged: 

Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • #2317
    paul2
    Participant

      Client is buying an asset in M4 but paying for it in 3 instalments in Month 4, 6 & 9. Any way to get this in (VAT will be reclaimed in M1, otherwise I would have treated it as 3 separate assets being purchased as a possible workaround).
      Thanks

      #2318
      paul2
      Participant

        I think I’ve sorted it using an ‘other creditor’

        #2319
        Russell Bowyer
        Keymaster

          That’s great you’ve sorted it. But the other way would have been to set up a loan or hire purchase too.

          How are you finding the software, as a review would be very much appreciated here http://www.bowraven.com/product/cash-forecaster-software/

          Thank you.

        Viewing 3 posts - 1 through 3 (of 3 total)
        • You must be logged in to reply to this topic.