This program takes care that the disposal of fixed assets that have been registered in the FA Register can be disposed of whereby the loss/gain on disposal will be booked and the FA will be disposed of.
- Fixed Asset Name= on mouse over the barcode will be shown.
- Book value = assetPurchasePrice
/accumulatedDepreciation, on mouse over the formula will be shown. - Tax is NOT mandatory
- Loss Gain = Amount Sold Excl Tax
/Book value, this can be positive as well as negative.
How to Use it?
Step A (Disposal)
- Select the Item category of the item you are going to dispose of.
- Select the row and click on "edit".
- Enter the amount sold if the item is sold. Automatically the loss/gain is calculated.
- Account Loss/Gain: Select the disposal account that will be used for the journal.
- Select the Date Sold.