Difference between revisions of "Disposal"
From TrueERP wiki
| Line 20: | Line 20: | ||
'''How to use Disposal''' | '''How to use Disposal''' | ||
| − | *Select Fixed Assets Tab | + | *Select [[Fixed Assets]] Tab |
| − | *Select Fixed Assets List button | + | *Select [[Fixed Assets List]] button |
*Select the Fixed asset to be disposed of | *Select the Fixed asset to be disposed of | ||
| − | *Select the Disposal tab | + | *Select the [[Disposal]] tab |
*Tick Disposal of Asset radio button | *Tick Disposal of Asset radio button | ||
Latest revision as of 16:33, 9 March 2011
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
- Select Fixed Assets Tab
- Select Fixed Assets List button
- Select the Fixed asset to be disposed of
- Select the Disposal tab
- 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
