
Need help with some Xero Transactions
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£120(approx. $165)
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- Proposals: 24
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- #4221228
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UK Chartered Accountant (ACA)/ FCCA / IFRS and reporting specialist / Excel expert / Xero Advisor

Chartered Certified Accountant; Management Accountant; VAT Expert; SaaS / Xer / QB / Sage

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Description
Experience Level: Entry
I require assistance in appropriately recording the sale of business assets and goodwill within the Xero accounting software. I recently agreed to sell certain assets as well as the business goodwill to another entity. The transactions included £30,000 for the transfer of tangible assets and £20,000 for the sale of inherent goodwill associated with the ongoing operations. I'm trying to raise the invoice but I need to allocate the assets and goodwill to the accounts but need guidance on this. I will likely have a few other questions on this when it comes to balance sheet etc. All communication will need to be via email.
Brett H.
100% (8)Projects Completed
9
Freelancers worked with
8
Projects awarded
82%
Last project
26 Dec 2025
United Kingdom
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