How to record the purchase of a financed asset in Quickbooks. You will come across this at some point - you buy an asset for your business and you finance it. How do you record it in Quickbooks? What if there is no down payment? Then how do you record the purchase of a financed asset in Quickbooks? What if there is a down payment? Do you just record the down payment? What about the total cost of the asset and what about the loan?

This video, how to record the purchase of a financed asset in Quickbooks, walks you both scenarios - one with and one without a down payment. It also shows you 2 different ways to record the purchase of a financed asset in Quickbooks.