Problem: How to realize sale with VAT of a fixed asset in Release 20 or less?
Solution: Create a document Fixed Asset Sale and Output VAT Transactions in addition
1. Create a document Fixed asset sale document-
Go to Accounting > Fixed assets sales
Create a new document and fill the details as needed. 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 fixed asset. Complete the document using the manual Fixed Asset Sale
2. Then please create Output VAT Transaction Transaction-
Go to Taxes > Manual output Vat 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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Important! The manual is relevant for release 2.1.1.20 and lower.
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