Dispose of a business object and fixed asset

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You can sell or scrap a business object. This differs from a fixed asset. Use the Fixed asset to inventory journal to unlink the business object and sell the asset. This journal also converts the business object into inventory.

You can trigger this process using a sales order in Rental Management. However, you must post the journal manually. After selling the business object, it receives the external category.

Make sure the financial and physical owners are the same. If the object is cross rented across legal entities, you must align ownership before disposal. Also, manually update the status and last on-rent date of the business object after disposing.

Flow diagram