Selling the Asset

  1. Click on “Accounting” from the main menu.
  2. Click on “Assets”.
  3. Click on the asset you wish to sell.
  4. Click the “Sell” button.
  5. Enter the required asset sale details:
    • Selling Price: Enter the asset’s selling price.
    • Date: Specify the sale transaction date.
    • Cash Account: Select the debtor party in the asset sale journal entry.
  6. Click the “Sell” button again.