Fixed Asset Profit/Loss Calculation
Fixed Asset Profit/Loss Calculation
Fixed Asset Profit/Loss Calculation
When editing/viewing an asset, for the profit and loss to automatically calculate, the user must be entering data for the current financial year.
Step 1: Fixed Assets
Click on
Registers
Fixed Assets
menu option
Step 2: Edit/Sell Asset
Select an asset to sell. Narrow the list down by selecting a specific Asset Group if desired, or sort the list of assets appropriately
Click
Edit/Sell
Step 3: Enter Data
When entering the data, make sure the date being entered is within the current financial year. The Profit/Loss will automatically calculate
Article ID 1012