New Sale
An Fixed Assets Sale occurs when a company or other type of firm sells its receivables to another party. A type of non recourse sale, it occurs for a variety of reasons, including to mitigate asset-related risk, obtain free-cash flows, or for liquidation requirements. It's similar to the Sales invoice of normal goods. But the quantity will be only one as of now.
To create a new Fixed Asset Sale, go to Fixed Assets > New > Sale
Fixed Asset Sale
Popup window appear on the screen.
Select Customer and Details:
- Choose the Customer and Customer Branch.
- Enter Reference, Payment Method, Price List, Delivery Location, and Invoice Date.
Optional:
- Check the Email to Customer box if you want to send the invoice via email.
Sales Invoice Items Section:
- Select the Item Description and Expiration Date.
- Enter the Price After Tax, Discount %, and Shipping Charge.
- Click the Add Item button to add a new item to the invoice.
Update Details:
- Click the Update button to save the entered details.
Cash Payment Section:
- Enter any Comments related to the payment.
Finalize the Invoice:
- Click the Place Invoice button to save and finalize the fixed asset sale.
- Click the Cancel Invoice button to cancel the fixed asset sale if needed.