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How to record the other party's monthly invoice for the purchase of machinery and equipment mortgage loan?
When the equipment is received, the fixed assets are estimated according to the contract.

Borrow: fixed assets

Credit: other payables (long-term payables)-estimation

Receive the invoice from the other party every month,

Debit: Other payables-estimation

Credit: other payables-* suppliers

When paying

Debit: Other Payables-* Supplier

Loans: bank deposits

Do it.

I hope I can help you!