Is it possible to manually mark what is or isn’t a capital expense? For example, “Down Payment” is not marked as a capital expense, however, “Closing Costs” are. Also, if there’s a fee associated with a capital expense (such as wire transfer fees), they’re not counted towards the capital expenses.
Related topics
Topic | Replies | Views | Activity | |
---|---|---|---|---|
Bonus depreciation flag for capital expenses | 1 | 438 | October 16, 2019 | |
Understanding the categories, closing costs, loan costs | 2 | 2558 | March 4, 2021 | |
How to reflect 'amortized' costs from closing? | 1 | 452 | January 30, 2022 | |
Track useful life & service date for capital expenses | 0 | 854 | September 17, 2019 | |
How to categorize a loan for a capital expense? | 0 | 372 | July 26, 2020 |