I’m am trying to figure out how I can record a partial sale of land off a ranch. Right now the property is listed in TT as one asset and I can’t figure out how to dispose/sell just a small portion of the overall. Any help on where I can record this and still leave the remaining property in the system for the balance sheet purposes would be so appreciated! Thank you in advance for any help!
Split your current "asset" into two pieces (the percentage/part that was sold, and the percentage/part that you kept) and then delete the original 'full' asset.
Then go into the one part of the asset and indicate it was sold.