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author's profile photo Former Member
Former Member

fixed asset transaction

Hi

How does one assign a cash flow item/ primary form item in a fixed asset transaction? For instance i have done a an acquisition for a vendor subject to witholding tax. how do i recognise the full amount which the cost of the asset to the cash flow line item?

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  • author's profile photo Former Member
    Former Member
    Posted on Dec 10, 2012 at 09:55 PM

    Hi,

    I am afraid a cash flow item may not be assigned a fixed asset transaction.

    Thanks,

    Gordon

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