Selling the Asset
- Click on “Accounting” from the main menu.
- Click on “Assets”.
- Click on the asset you wish to sell.
- Click the “Sell” button.
- 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.
- Click the “Sell” button again.