Example: Profits from Sale of Assets

Start of the navigation path You sell an asset with a book value of 3,000.00 to a customer for 4,000.00. The profit which results from this (1,000.00) is credited to the profit center of the asset (cost center C100 Next navigation step profit center P100). End of the navigation path

Posting:

Receivable

4,000.00

to

Asset portfolio

3,000.00

 
     

Income from sale of asset

1,000.00

(PrCtr P100)