The Basics of Assets & Liabilities

FINSYNC allows you to track assets such as property and vehicles as well as outstanding notes and other liabilities which may or not be associated with assets.

To set up assets and liabilities for tracking and reporting purposes, follow the steps outlined below:

1. Click on Accounting in the top menu.

2. Click the Assets & Liabilities tab in the left-hand menu.

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3. You can then click New to create a new asset or liability.

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4. Fill in the required fields and save once you're done.