Sold an asset and wanted to record in the system. How to record it?

Created by Level 1 Support Team, Modified on Wed, 5 Mar at 8:06 PM by Level 1 Support Team

Record Asset Disposal -> Dispose of the asset as scrapped. It will DR = Acc Dep | CR = Asset & Asset gain/loss ledger (if Asset scrapped in profit). It will DR = Acc Dep & Asset gain/loss ledger| CR = Asset (if Asset scrapped in loss).
Then, create a Non-Inventory item and link Income Account = Sales Ledger as they want.
Make Sales Invoice -> Select non-inventory item created above -> Enter in description the asset details