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Disposal

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Overview

A Fixed Assets will eventually be disposed of, either after it has been depreciated to a zero value or at some point during the asset life. The disposal screen calculates the book value at the time of disposal.

How to use Disposal

  • Tick Disposal of Asset radio button
  • Select Disposal Date from the drop down list for the Depreciation schedule you wish to use
  • Enter the Sales Price
  • Select the Calculate button

The Accumulated Depreciation and Book Value will be displayed for the date of disposal