Fixed Asset Profit / Loss Calculation

Fixed Asset Profit / Loss Calculation

Fixed Asset Profit / Loss not calculating automatically when selling an asset

When editing / viewing an asset, for the profit and loss to automatically calculate, the data must be entered for the current financial year.

Step 1. Click on the Registers > Fixed Assets menu option

Step 2. Select an asset you wish to sell

  • You can narrow the list down by selecting a specific Asset Group if desired, or sort the list of assets appropriately
  • Click on the Edit / Sell button

Step 3.  When entering the data, make sure the date you're entering is within the current financial year

  • The Profit / Loss will automatically calculate


CSC Article ID 1012