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