Montana Public Employee Retirement Administration Form

Instructions and help about Montana Public Employee Retirement Administration

right yes okay I okay I save it to the file it has to [Music] come uh is on page one in your hand out balance sheet that accounts more on assets liability and Equity accounts and so the word table that you see here um is giving you some definitions of different types of an account that you can set up in QuickBooks and I've given you some some descriptions and also some examples of what those accounts are and so what a lot of people um kind of get confused about is when you buy a piece of equipment when do you make that a fixed asset versus when can you just expense that in your fiscal year and that's an accounting designation right and so sometimes you may buy a printer for your district and it may be under a certain dollar amount and so you you could expense that for the year that you bought it right it just goes to equipment expense but but when there are assets that you buy that you will use you you wouldn't be able to use up the value of that asset within a year that's when it beco