About Benn Franzmann

I am a qualified Accountant specializing in the setup and training of various forms of accounting software. I work for a number of different clients and also facilitate MYOB training at Melbourne CAE

Comments

  1. Great post however I was wondering if you could write a litte more on this topic? I’d be very grateful if you could elaborate a little bit further. Cheers!
    My blog is on educational toys for toddlers.

  2. Hi! I know this is kinda off topic however I’d figured I’d ask.
    Would you be interested in trading links or maybe guest authoring a blog article or vice-versa?
    My website goes over a lot of the same subjects as yours and
    I think we could greatly benefit from each other.

    If you happen to be interested feel free to shoot me
    an e-mail. I look forward to hearing from you!
    Superb blog by the way!

  3. Hi Benn,
    I financed a MV purchase last month with a Chattel Mortgage, so this is exactly what I was looking for. I’m still a bit stuck on the purchase side of things, however. Specifically, I have my balance sheet showing the correct amount for MV asset and under liabilites I’m correctly showing the MV loan amount, but I also have ‘account receivable’ and ‘accounts payable’ including the MV amount. Do I need to do a journal entry to move the funds from ‘receivable’ to ‘payable’?
    Cheers,
    Tim.

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