Assets

4.2.3 Asset Disposals: Fixed Interest

To record disposal of a Fixed Interest asset, select the ASSETS tab, then click the ASSET DISPOSAL button, select the Account, and choose the Asset.

If you choose Fixed Interest deposit for disposal, Mclowd will display this screen:

Assets_Disposals_FixedInterest

Enter the Disposal date by selecting from the calendar popup.

Select the account into which the proceeds of this disposal will flow.

Click DISPOSE OF ASSET to save.


about the author:

Lorraine Cobcroft

With a background in accounting and financial management, followed by two decades writing software documentation, Lorraine joined the Mclowd team in mid-2016 and is enjoying working with a dynamic team to enhance an innovative product that has the potential to revolutionize the way Australians manage their retirement funding. Lorraine is also an accomplished business writer, ghost-writer, novelist and short-story writer and poet.

Leave a Reply