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

1. Click on

Manage Assets and Liabilities

1. Click on

Add asset or liability and fill in the details of your asset/liability

1. Click on

Add asset or Add liability at the bottom to save.

1. From the

Home screen, click on Accounts

1. Locate the transaction linked to your asset/liability and click

View All Details

1. Click on the

edit button next to Chart of Accounts

1. Click the dropdown list and select the created asset/liability
2. Click on

Save