PS Cashbook

Fixed Asset Profit/Loss Calculation


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

Detailed Description

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.

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