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Capital Asset Question - we have an old cultivator that we cut up. We kept some steel from it, hauled in two loads of scrap to a wrecker (have two cheques) and sold the harrow bar to a neighbor. How do I put this in my Ag Expert Analyst Desktop? I was intending to input the 2 cheques and 1 etransfer as separate transaction entries. Also, I was planning to create a POS for the harrow bar for the neighbor but don't know how to do that when the whole piece of equipment was not sold to him. Thanks!
Hi Sharlette! In Analyst, you can split a capital asset so in your case I think you could do so twice, leaving you with three pieces. You would want to go to the Setup menu, select Capital Assets, find the cultivator and click the Split button on the right. This will create a new capital asset and you can enter in the price. Do it a second time selecting the cultivator and you will end up with three pieces. Then you can do Deposit transactions using C+ to sell each piece.