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Tax Liens & Mortgage Notes

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Joshua Scott
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23
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Recording NPN in QuickBooks

Joshua Scott
Posted Nov 17 2019, 14:02

Good evening. I’m trying to teach myself QuickBooks online even though I have a CPA. I want to learn and understand my own books just like someone understanding their own car. So those that have been in the business, how would one record a purchase on non performing note in QuickBooks online. I have it set up with address as name and other assets. The purchase is recorded as an expense. Is this correct?

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