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Hi,
Is it possible to sell both a component and a main together? I know you are unable to sell the main with out doing the component, but the latest feedback I have had is that if the asset were sold or disposed off, this is likely to be "together".
When you setup assets as components and connect to a main asset. You have two assets to be dealt with when you sell. If you think you will want to sell the asset as one unit, you can set it up as one asset and then if a situation arises that you need to sell one of the components, you can split the asset and its depreciation so that you can sell just the portion that is required.
Thank you Kim. The particular instance I have is Land containing buildings. The land doesn't get depreciated and the buildings do, but when they are sold, they are sold together. It may be easier to have them as two completely independent items and sold separately and they will have to come up with a percentage of the sales value in which to split etc.
Having two assets makes sense. I just ran a test and you definitely have to dispose or sell each asset separately. In fact, you have to sell each component before you sell the main. So you could do a zero dollar invoice for the components and then a single invoice for the main asset.
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