You can easily dispose of an asset in a few steps.
Log in to HandiLedger and Select your entity.
Go to the View menu, then click Depreciation Schedule.
Highlight the required Depreciation Schedule.
Click the Current assets tab and highlight the asset to dispose of.
Click Asset and then click Edit.
On the Asset Detail window, click Disposal to display the disposal information fields.
Complete the Disposal details section. You must specify the Consideration and Date of disposal.
To override the calculation for Loss on disposal, enter your own figures in the boxes:
Profit on disposal.
Gain on disposal.
Loss on disposal.
Private portion.
Click Save and then Close.
HandiLedger will move the asset to the Disposed assets page on the Depreciation Schedules window.
Note: HandiLedger does not automatically journal entries for the disposal of an asset. You must now complete the journal entry manually.