To Dispose an Asset

  1. Open the Fixed Assets folder and then click Processing or click the Financials tab on the Ribbon Bar and then click Fixed Assets - Processing.

  2. Find the asset using List tab, the search icon on the toolbar, or by pressing CTRL+F.

  3. On the Action menu, click Disposals. You can only dispose of assets if their status is either live or fully depreciated.

  1. If this is the first disposal for the asset for this period, the Disposals Details form is displayed. Update the boxes provided.

  2. If other disposals have been posted for the asset in this period, the Disposals grid is displayed. To post another disposal, press F5 or click Dispose on the Action menu. Then update the boxes provided.

  1. Click OK. The Select Items To Dispose form is displayed.

  1. Press F5 or click Dispose on the Action menu to fully dispose an asset.

  2. Press F6 or click Part Dispose on the Action menu to partly dispose an asset. A form is displayed so you can enter the quantity you want to dispose.

  1. Click OK when the Quantity To Dispose is zero. After you post a disposal the Disposals grid displays the assets that have disposed in this period. Click OK again to finish the disposal posting.

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