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Solution: Create a document Fixed Asset Sale and Output VAT Transactions in addition
1. Create a document Fixed Asset Sale- In the Fixed assets tab, add the fixed asset and click on calculate, all the field should be automatically filled except amount column, here user should mention the selling price of the
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fixed asset.
2. Then please create Output VAT Transaction Transaction- Fill the details as required. Make sure the Adjustment type to be Increase and enable the option Generate GL transaction in the main page.
3. to check, please generate a report OUTPUT VAT go to: Taxes>Report >Output VAT
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