Fixed Asset Profit/Loss Calculation

Why is my Fixed Asset Proft/Loss not calculating automatically when I sell an asset?

When you are editing/viewing an asset, for the profit and loss to automatically calculate, you must be entering data for the current financial year.

Step 1

• Click on the Registers > Fixed Assets menu option.

Step 2

• Selec an asset you wish to sell. You can narrow the list down by selecting a specific Asset Group if desired, or sort the list of assets appropriately.
• Click on the Edit/Sell button.

Step 3

• When entering the data, make sure the date you're entering is within the current financial year. The Profit/Loss will automatically calculate.