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How to Record the Vehicle Purchase in Xero
It is very easy to record the vehicle purchase in Xero. Here’s a quick tutorial on how to do it:
On Xero's main dashboard, head over to the top menu bar and click 'Accounting'.
Choose 'Journal Report' from the list of options.
After that, click 'Go To Manual Journals'.
Find and open the specific journal you wish to use for recording the vehicle purchase.
Following that, click 'Journal Options'.
Tap 'Edit' to proceed.
Subsequently, tap an empty line and then enter the necessary details related to the vehicle purchase, particularly the Description, Account, Tax Rate, Region, and Amount (Credit or Debit).
Once done, review your input and click 'Post' to apply the changes.
After completing these steps, your vehicle purchase will be recorded in the selected Xero journal.
