Allocation of interest

[Annajou01]

Hi All

How do I allocate the interest portion of my vehicle finance at the end of the year? I received the amortization statements from the finance house, just not sure how to do the journal.

Thanks.

[Dave A]

Was the purchase and finance of the vehicle originally captured as described in this post?

[Annajou01]

Hi Dave

Thanks, I actually didn't read the post all the way to the bottom. I see Neville did explain regarding the interest at the end of the year so I am sorted.

[Dave A]