Set up a New Vehicle Loan in QuickBooks – Automobile in QuickBooks

In this article you read How business owners record purchase, setup vehicle loan and track vehicle in QuickBooks. If you purchased newly vehicle for business and keep to record purchase bill in QuickBooks Desktop, and QuickBooks Online. Once added vehicle, you can track the information obtained from mileage and costs associated with maintaining the vehicle. Two parts to purchasing any vehicle first recording the asset and the second is recording the liability.