Assets that are no longer in use can be sold off. It is also possible to sell or dispose assets which are written off. To sell assets, go to Assets ➔ Assets ➔ Maintain, select the relevant item and click Sell. You cannot sell assets which have zero investment.
This displays the item code of the asset. This cannot be edited.
This displays the serial number of the asset. This cannot be edited.
This displays the book value of the asset. This also displays the currency code used for the asset.
Select this check box to write off the asset at the moment you are selling the asset. This enables the following fields:
Type or select the profit & loss general ledger account that records the financial entries created when writing off an asset.
Type or select the date of the write-off process.
Type or select a journal to record the financial entries of the write-off process.
Type your internal reference number.
Type a description such as the reason for the write-off.
Type or select a debtor account to whom you are selling the asset to.
Type the reference number of the debtor.
Type the description for the sales order.
Type or select the person who is the sales representative.
Type or select the warehouse to which the asset is fulfilled. Fulfilled means that the requested asset has been delivered to the selected warehouse.
Type or select the fulfillment date of the sales order.
Type or select a tax code. This is applicable if the asset is liable for tax.
Type the amount the asset is sold for.
Click this to generate the sales order based on the specified options.
Click this to cancel the sales process.