Partial Disposal of an Asset

The Fixed Assets Management SuiteApp enables you to dispose a partial quantity of an asset. Asset sale or disposal enables a partial quantity to be processed, in which case the quantity disposed must be entered. The remaining value of the asset is reduced (similar to an asset write-down) so that future depreciation calculates correctly. The quantity disposed is tracked on the asset record and asset will retain its current status.

On the Asset Disposal page, you can specify the quantity of assets that you want to sell or write off in the Quantity Disposed field. For more information, see Asset Disposal by Sale or Write-Off.

Related Topics

General Notices