[[brix:en:invoices]]
====== Selling a fixed asset without the Fixed Assets module ======

A fixed asset (vehicle, machine, equipment) is not goods and cannot be sold as an item of type //Goods//: such an item has no stock, the invoice line is shown in purple and the invoice cannot be approved. Companies with the Fixed Assets module sell a fixed asset with the //**[ [[brix:en:fa_invoices|FA Invoices]] ]**// form, which calculates depreciation up to the day of sale and posts the derecognition of the asset itself. A company without that module records the sale with a service, following the procedure below.

===== Procedure =====

  - In the //**[ [[brix:en:goods|Items]] ]**// form open a new item of type //Service//, e.g. named //Fixed asset sale//, and in the **//[[brix:en:goods:basic]]//** tab enter:
    * //**{VAT}**// — the VAT rate charged on the sale,
    * //**{[[brix:en:goods:kpd|KPD]]}**// — the section G code matching the asset sold,
    * //**{[[brix:en:goods:basic:service_income|Service revenue account]]}**// — the revenue account for the sale of fixed assets.
  - In the //**[ [[brix:en:invoices|Invoices]] ]**// form open a new invoice and add the //Fixed asset sale// service as a line. Enter the details of the asset sold (e.g. make, model and registration number of a vehicle) in the line //**{Description}**// and the selling price in //**{Unit Price}**//.
  - Approve the invoice. The invoice posts the receivable from the customer, the VAT liability and the revenue to the account entered on the service; the postings are shown in the **//[[brix:en:tab_journal]]//** tab.
  - Reconcile the postings with a journal entry in the //**[ [[brix:en:journal_entries|Journal Entries]] ]**// form.

<note tip>
Open the //Fixed asset sale// service once and reuse it for every later sale of a fixed asset — the details of the asset sold go into the invoice line description, not into the service name.
</note>