I bought a modem off the internet. I accounted for this in Easybooks by placing it into Stock Account. I have now sold the modem to a customer. How do I remove that item from stock? Is it as simple as deleting the transaction from the stock account?
Regards
Matt
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#1 Posted by Admin Support staff on 17 Apr, 2012 03:21 PM
Hi Matthew,
No, don't delete the entry. You should probably speak to an accountant if you want to account for it properly. But I would suggest you add a transfer between the bank account and the stock account for the amount you received for it.
Mathew
Admin closed this discussion on 17 Apr, 2012 03:21 PM.