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Status Answered
Created by AgExpert Support
Created on Mar 20, 2019

Disqus Agexpert Accounting Questions Archive

sold a piece of equipment that was purchased new in 1984 and never set up in AgExpert. Do I set it up as Capital Asset at zero $$$

  • ADMIN RESPONSE
    Feb 10, 2025

    Hi Jody, since you bought before you started using AgExpert you just need to add it in your list of capital assets. To do so follow these steps:
    1. Go to the "Setup" menu
    2. Select "Capital Assets"
    3. Select "add" on the right side of the window
    4.Enter in the details of this Capital Asset with approximate original cost that you bought it for when you bought it.

    Hope this information helps, give us a call at 1-800-667-7893 if you require further assistance.

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