Adding properties as assets and mortgages as liabilities, and equity

[QFSteve]

Hello @Boycey66

As you say there are different ways to do what you are trying to achieve (as with most things in accounts).

Your accountant would be best placed to give advice on this, we can tell you how to use the software but not how to do your accounting, as we are not registered accountants.

Useful links.

Projects in QuickFile

Introduction Projects offer a simple way to group together your sales, expenses, estimates and purchase orders into a single container. This makes it easier to report on a specific activity within your business for example a project you’re working on for a client or perhaps a new division in your sales team. We’ve designed the project system to be as flexible as possible by relying on what we call project tags. Essentially you can apply tags to any of your sales invoices and purchase invoices …

https://support.quickfile.co.uk/t/limited-company-bookkeeping-the-basics/8809

https://support.quickfile.co.uk/t/journals/8874

https://support.quickfile.co.uk/t/bookkeeping-for-letting-agents/18588