TUG Tip - Sage 300 CRE

TUG Tip -- Sage 300 CRE

Complete Equipment Disposal through AR Cash Receipts

It is possible to record the full journal entry to dispose of depreciable equipment through the AR cash receipts module! Simply enter as a miscellaneous cash receipt: enter asset account number where equipment is recorded and amount will be positive; enter accumulated depreciation account number and amount will be negative; finally the net amount will be the gain (positive) or loss (negative).This puts all disposal activity in one entry, rather than recording all cash as gain then recording an AJE.