How do I link a liability to a transaction for tax purposes?

Before linking an asset/liability to a transaction, you will need to create the asset/liability in the Assets and Liabilities Register first. Once the asset/liability has been added, you will then be able to link it to the relevant transaction. Skip to step 5 if you have already created your asset/liability.

1. From the Home screen, click on Tax
2. Click on Manage Assets and Liabilities
3. Click on Add asset or liability and fill in the details of your asset/liability
4. Click on Add asset or Add liability at the bottom to save.
5. From the Home screen, click on Accounts
6. Locate the transaction linked to your asset/liability and click View All Details
7. Click on the edit button next to Chart of Accounts
8. Click the dropdown list and select the created asset/liability
9. Click on Save