When you create a disposal transaction in a fixed asset journal, the transaction is posted in the selected account. If the disposal transaction is based on the standard configuration, the balance sheet amount for the asset is decreased by twice the net book value. You can specify the number of an offset account in the posting profile.

Note Note

When you post the disposal sale or disposal scrap of an asset, the asset and ledger transactions are not created to register the disposal of the net book values.

Note Note

For more information, see "Set up posting profile for disposal" in the Applications and Business Processes Help.

  1. Click General ledger> Journals> Fixed assetsto open the Journalform.

  2. Press CTRL+N to create a new line.

  3. Click Linesto open the Journal voucherform.

  4. Press CTRL+N to create a new line.

  5. In the Datefield, select the date of disposal.

  6. In the Transaction typefield, select Disposal-saleor Disposal-scrap.

    Note Note

    For more information, see "Fixed assets Journal lines (form)" and "Disposal" in the Application and Business Processes Help.

  7. Click Postto post the journal.

See Also