Overview

The asset sale terms and conditions must be reviewed and analyzed to identify the correct moment for issuing a sales invoice.

Normally, the sales order is not used in the asset sale process, and the invoice is created manually.

Often, the sales invoice is created after the transfer of the asset to the buyer.

As a result of the process, the asset is sold at a price in accordance with the terms of sale.

Create sales invoices of assets sold flowchart

Create sales invoice of asset sold

(v.0)

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Paths

Path

Assets management → Fixed assets → Customer invoice — Services and Assets

In-app link EN code

e1cib/app/DataProcessor.LogOfSalesDocuments

In-app link RU code

e1cib/list/Документ.РеализацияУслугПрочихАктивов


PathAsset management → Fixed assets → Prepare for sale of fixed assets
In-app link EN code

e1cib/list/Document.PreparingForFixedAssetSale2_4

In-app link RU code

e1cib/list/Документ.ПодготовкаКПередачеОС2_4

How to link asset sale to reference documents

To link asset sale to reference documents automatically:

1. Go to Asset management and then click Prepare for sale of fixed assets under Fixed assets.

2. Select the required document.

2. Click Generate → Customer invoice — Services and Assets.

3. The system will automatically:

  • Create a new Customer invoice — Services and Assets document.
  • Fill it with some asset information.


To link asset sale to reference documents manually:

1. Go to Assets management and then click Customer invoice — Services and Assets under Fixed assets.

2. Create a new Customer invoice — Services and Assets document.

3. Click the Main tab. 

4. Select the Sale based on checkbox.

5. Choose the document type related to fixed or intangible assets.

6. Select the document.

How to create sales invoices manually

1. In the Customer invoice — Services and Assets document, click the Main tab.

2. Choose the Sales of fixed assets transaction.

3. Choose the Terms of sale.

4. The system will automatically:

  • Determine whether the Contract must be specified.
  • Fill the document Currency.
  • Fill the Payment rules.

5. Click the Revenue (income) tab.

6. Specify the Income item and Income dimension.

7. Click the Fixed assets tab.

8. Specify the Expense item and the Expense dimension for recognizing the cost of the asset sold.

9. Post the document.

10. The system will automatically:

  • Release the asset from the cost center.
  • Post the asset sale to accounts receivable.
  • Remove the asset from the asset register.

How to confirm transfer of ownership

1. Go to Assets management and then click Customer invoice — Services and Assets under Fixed assets.

2. Open the Customer invoice — Services and Assets.

3. Set the Sold status.

4. Specify the entitlement date in the Transfer of rights field.

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