Post sale of fixed asset

1. Select Accounting - Fixed assets.

2. Select the fixed asset that was sold from the list.

3. Select Actions - Sell fixed asset.

4. Enter the selling price excluding VAT.

5. Select Post to ledger.

1. Select Sales - Sales invoices.

2. Select New sales invoice.

3. Choose the customer you want to invoice and enter the invoice date.

4. Select the article to use for the sale of the asset.

   You can add a new article by clicking on the list symbol in the field Article and then select New article. If you give it a general name, for example "Sale of fixed asset", and leave the price empty it can be reused when selling other assets.

5. Enter the price.

6. Post the invoice to the ledger and select how to send it.

We advise you to adjust the sales account to keep the sale of the fixed asset separated in the accounting from your main business sales transactions.

1. Select Accounting – Journal entries.

2. Find and select the journal entry connected to the sales invoice you created.

3. Select Edit.

4. Replace the sales account by the account that was used for the profit or loss in the journal entry that was created by the sale in the fixed asset list.

5. Select Save.

When the fixed asset buyer pays the invoice, you must match the transaction under Cash and bank.

1. Select Cash and bank.

2. Choose the account on which the transaction needs to be matched.

3. Fill in the date, reference and amount and select Add. Or in case you work with a direct bank integration, you just select the bank transaction that was already imported to Visma eAccounting.

4. Select Match for the transaction to match.

5. Specify that the transaction relates to Payment of sales invoice.

6. Select the sales invoices that matches the payment.

7. Select Post to ledger.

1. Select Accounting - Fixed assets.

2. Select the fixed asset that was sold from the list.

3. Select Actions - Sell fixed asset.

4. Enter the selling price excluding VAT.

5. Select Post to ledger.

1. Select Accounting – Journal entries.

2. Select New journal entry.

3. Select the receivables account and enter the entire sale amount in debit.

4. Select the appropriate ledger account depending on if you made a profit or loss on the sale, make sure that the correct VAT is applied, and enter profit/loss in credit.

5. Select Post to ledger.

When the fixed asset buyer pays you either via the bank or cash, you must match the bank transaction.

1. Select Cash and bank.

2. Choose the account on which the transaction needs to be matched.

3. Fill in the date, reference and amount and select Add. Or in case you work with a direct bank integration, you just select the bank transaction that was already imported to Visma eAccounting.

4. Select Match.

5. Specify that the transaction relates to Other deposits and choose Own selection of ledger accounts.

6. Post the received amount in debit.

7. Select account for accounts receivable as offset account and enter the received amount in credit.