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Fixed Assets

Selling Fixed Assets

Preparation:

  1. Create a Gain/Loss on Asset Disposal account: Expense account 530.000 Biaya Penyusutan > 5310.003 Rugi atas Pelepasan Aktiva Tetap. (actually it can be Income account)
  2. In Company > Lovia, set Fixed Asset Depreciation Settings > Gain/Loss Account on Asset Disposal: 5310.003 Rugi atas Pelepasan Aktiva Tetap.

Now you’re ready to sell assets.

  1. Go to the asset and click Sell Asset.
    This will create a Sales Invoice.
  2. In item’s detail, set the Rate (selling price).
    Make sure Income Account and Expense Account are correct, both can be set to 5310.003 Rugi atas Pelepasan Aktiva Tetap.
  3. Submit the Sales Invoice. This will create:
    1211.001 Aktiva Perlengkapan dan Peralatan Kantor (Credit) =>
    1131.0010 Piutang Dagang + 5310.003 Rugi atas Pelepasan Aktiva Tetap (Debit)
  4. Create the Payment (Receive) for the Sales Invoice and Submit it.

The Asset document status will have changed to Sold:

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