I have a question thats been bothering me for a while and my bored brain can't work it out this afternoon either. Can someone put me out of my misery (and answer the question)!
We sold an item of machionery at work and as the item was depreciated fully anyway the sale was recorded against nominal 8006 profit on disposals in sage. When I ran the P&L last month the depreciation figure was less than it should be by the amount of the profit on disposal.
How has Sage done this, I know I should know the answer and probably do but I can't work out why the depreciation figure has been affected rather than another entry being on the P&L showing the "income".
I think that this may be because in the standard Sage chart of accounts the Depreciation includes all accounts from 8000 to 8099, so your 8006 would be included in depreciation.
