Selling an Asset

This guide provides step-by-step instructions on how to sell an asset using the NexWaveERP platform. It includes details on navigating to the asset page, selecting the specific asset, entering relevant information, and completing the transaction. By following these steps, users can easily sell their assets through the platform.

Step 1: Navigate to the Asset List and select the Asset you wish to sell

Step 1

Step 2: Click "Manage"

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Step 3: Then Click "Sell Asset"

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Step 4: Within the Invoice screen, select the Customer the Asset was sold to

Step 4

Step 5: Also enter the amount the asset was sold for

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Step 6: Click "Save"

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Step 7: Click "Submit"

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Step 8: Click "Yes"

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Step 9: Click "View" to see the Accounting Impact of this sale

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Step 10: Click "Accounting Ledger"

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Step 11: Note in this case there was a loss on the sale

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Step 12: Click "Asset List" in the search bar to review the asset

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Step 13: Note the status of the asset is "Sold"

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Step 14: When you review the asset record you will see the value has decreased in the…

When you review the asset record you will see the value has decreased in the graph due to the sale

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