In hibooks, you can dispose of a fixed asset to a bank account or to a contact. You can find all your disposed assets in the Disposed Assets tab. Learn how to manage Fixed Assets and how to add a Fixed Asset.
How do I Dispose of an Asset ?
Select Accounting from the side bar menu and then Fixed Assets from the drop-down menu.
Select the asset you wish to dispose of.
Click on Dispose on the Asset Overview page.
Disposed Asset Information
Dispose To : indicate where you are going to dispose the asset, whether it is to a contact or to a bank account.
Disposal Date : the date you want to dispose the asset.
Due Date : the date is when the asset is due to be paid for. This field comes up when you choose to dispose the asset to a contact.
Currency : the currency of the asset.
Net Amount : enter the net amount plus the VAT rate and the system will calculate the total.
Total Amount : this amount is calculated by the Net amount and the VAT rate.
Description : enter a description to identify the disposed asset.
Click on Dispose when you have finished.