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Asset disposal – derivatives

To record disposal of a Derivative, select the ASSETS tab, then click the ASSET DISPOSAL button, select the Account, and choose the Asset.

If you choose a Derivative Asset for disposal the following screen will be displayed:

Note: In this instance, price per unit is entered rather than total yield from the sale. Mclowd will calculate the total yield, deduct transaction costs incurred in the sale, and display the total proceeds.