Disposal of fixed assets

SOLVED

Hi Guys, 

I have disposed of an asset at a selling price inclusive of VAT by mistake. Is there a way to go back and edit the disposal amount as the profit/loss calculated on the disposal is now incorrct due to the incorrect proceeds amount being used. 

  • +1
    verified answer

    Hi Olivia

    Good news Smile

    You can actually reverse the complete Asset Selling/Scrapping transaction, and then re-processing teh asset disposal 

    do the following to accomplish this:

    1. Go to Fixed Assets | Maintenance | Assets

    2. Find and then right click on the asset that has already been sold/scrapped

    3. Select the Unsell Asset option and then continue from there.

    Kind regards

    Bennie