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Clearing an asset balance

Posted: Fri Apr 04, 2025 9:06 am
by ican100
Apologies if this has been answered elsewhere - a forum search didn't yield any results.

I ma trying to work out how to clear an asset balance, in the case in relation to a car.

The car was purchased for £28,000 and later sold for £24,000. The purchase and sale transactions were processed as transfers to and from a bank account, which leaves a £4,000 balance on the asset.

What is the best way to clear this?

I assume it is to post a transaction for £4,000 as an expense?

Is there a way to "dispose" of the asset so that it no longer appears on the dashboard?

Thanks, Ian

Re: Clearing an asset balance

Posted: Fri Apr 04, 2025 12:45 pm
by guangong
What's your MMEX version?

With Asset v2 (latest development), we can just revalue and sell it.
with Asset v1 (v1.9 or older), can you refer to Assets - a worked example

Re: Clearing an asset balance

Posted: Fri Apr 11, 2025 9:35 am
by ican100
Thank you.

I am on v1.9.0 (I wasn't aware there was a v2 and the latest build link still seems to suggest 1.9.0 - not sure what I am missing here?)

I'll take a look at the worked example and see if that helps.

Re: Clearing an asset balance

Posted: Sun Apr 13, 2025 12:13 am
by guangong
It is only avaiable on development version so far, https://moneymanagerex.org/docs/downloads/development/