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Hi! I'm starting a new business, some of my startup cost are assets, do I have to enter as assest as well or just as starup cost?

I'm not sure if that will be a double entry. Thanks in advance!
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2 Replies
AnnetteB6
Expert Alumni

Hi! I'm starting a new business, some of my startup cost are assets, do I have to enter as assest as well or just as starup cost?

You would enter it as an Asset or as part of start-up costs, but not both.

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Hi! I'm starting a new business, some of my startup cost are assets, do I have to enter as assest as well or just as starup cost?

Thank you!!

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