I want to remove scrapped assets from depreciation schedule and have the balance sheet updated automatically with out generating a 4797. If I enter none as sale price a form is generated.
To remove fully depreciated, simply put in a sale date, NOT a sales price. This will likely not update the balance sheet, but it does clean up the depreciation report.
To remove fully depreciated, simply put in a sale date, NOT a sales price. This will likely not update the balance sheet, but it does clean up the depreciation report.
Aren't you working from a trial balance that balances?
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