A write-off means removing the asset from the company\u2019s fixed asset records.<\/p>\n
In the case of a fixed asset sale<\/strong>, the write-off entry is generated automatically and does not need to be recorded separately. For more information on correctly recording a sale, see the guide Sale of fixed assets<\/a><\/strong>.<\/p>\n1<\/strong><\/span> Accounting -> Assets<\/strong><\/p>\n Recommendation: The system generates the write-off entries automatically \u2013 no separate entries need to be made.<\/p>\n If the asset is fully depreciated<\/strong>, the entry contains two lines:<\/p>\n If a fixed asset is written off before it is fully depreciated<\/strong> (e.g. due to destruction or theft), it may have a residual value. In this case, the write-off entry also includes an expense account (the residual value is recorded as an expense).<\/p>\n\n
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<\/a><\/p>\n2<\/strong><\/span> Set the write-off date<\/strong><\/p>\n\n
\nUse the calendar to select the date
\nWhen entering manually, use a period to separate numbers and a four-digit year<\/p>\n![\"\"](\"http:\/\/support.simplbooks.ee\/ee\/wp-content\/uploads\/2026\/04\/ENG_02_pv_mahakandmine.png\")
<\/a><\/p>\n3<\/strong><\/span> Write-off entries<\/strong><\/p>\n\n
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