Summary
To record the sale of an asset, click on “Sale” in the top right corner when depreciating the asset.
Steps to Record the Sale of an Asset
- Click on “Sale” located in the top right corner when you are in the process of depreciating an asset.
- Choose whether you want to sell the entire asset or just a part of it.
- The system will automatically correct the depreciations and recalculate the asset's value.
- To view all postings in detail, navigate to “Reports” and then select “Journal”.
FAQ
Q: What happens when I sell part of an asset?
A: The system allows you to select whether you sell the entire asset or just a portion of it, and it will adjust the depreciations accordingly.
Q: Where can I find detailed postings after the sale?
A: You can find all postings in detail under “Reports” and then “Journal”.