Liquidation Editor

Allows for liquidating assets in a convenient way. Liquidating an asset means giving up its possession in one of a number of ways (e.g. selling, gifting, trashing), potentially by getting money in return (though that is not a requirement. In fact, trashing may even cost money).

As long as the asset in question only consists of a single item, the process of liquidation is straightforward: simply enter the revenue and be done with it. It gets slightly more complicated when the asset contains multiple units:

  • Assets can only be sold as a whole. If an asset is to be sold partially, it must first be split.
  • An asset may be sold for a per unit or a total price. If the option to sell as a whole is selected, TradeTrax will automatically calculate the per unit price and only store that. Care should be taken as this may involve rounding.