Hi All,
Does anyone know what the set up is for posting a profit/loss on sale of an asset to a specific account? The only setup that I have come across records the Gross Sale amount and the Net Book Value - the difference of which is the Profit or Loss.
I’m looking for a set up that will post the difference to a Profit/Loss on Sale of FA account. How can this be done, if at all?
Grateful for any help…look forward to your replies.
Cheers
CT