Fixed Asset : Disposal: scrap or sale

  • Fixed Asset : Disposal: scrap or sale

    Posted by nazimlalji@hotmail.com on September 5, 2017 at 9:22 am
    • Najeem JanatAli

      Member

      September 5, 2017 at 9:22 AM

      Hi

      Can fixed asset be disposed off in bulk like 500 at one time: by running
      Fixed asset – journal-Proposal- – Disposal scrap

      In case of Disposal by Sale, it can only be disposed off with Free text invoice as it will require amount. However for Disposal by scrap does it required amount or will consider the amount as balance of NBV

      please advise

      thanks

      ——————————
      Nazim Lalji

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    • Ludwig Reinhard

      Member

      September 6, 2017 at 1:16 AM

      ?Hi,

      The answer to your first question is yes you can do a mass disposal by making use of the disposal proposal form. When doing that ensure that you select the correct fixed asset Group or fixed asset numbers; otherwise, all of your fixed assets might get scrapped.

      When scrapping your fixed assets you typically do not have to enter an amount and only need to post the journal to get the postings created correctly.

      Best regards,

      Ludwig

      ——————————
      Ludwig Reinhard
      SYCOR GmbH
      Goettingen
      ——————————
      ——————————————-

    nazimlalji@hotmail.com replied 8 years ago 1 Member · 0 Replies
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