How would I show the sale of a business with the payment distribution being made over multiple years?

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Question: How would I show the sale of a business with the payment distribution being made over multiple years?

Answer: If the proceeds are from the sale of a business with the payment distribution being made over multiple years, a brokerage account can be used. Go to Worksheets/Client Data/Assets & Liabilities and add a Brokerage Investment Account, selecting the "Distribution Details" button to indicate the distribution years and the amount per year.

If the proceeds from the sale of a business are distributed in one year then an "Other Asset" can be added with an Asset Type of "Business".

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