Parent fixed asset disposal

After disposing of all child fixed assets, you can dispose of the parent fixed asset using the standard fixed asset disposal journal.

You can record the disposal as a sale or scrap transaction.

Steps

1. Go to Fixed assets > Journal entries > Fixed assets journal.

2. Click New.

3. In the list, mark the selected row.

4. In the Name field, enter or select a value.

5. Click Lines.

6. In the list, mark the selected row.

7. In the Transaction type field, select an option.

   Note

   Choose ''disposal - sales'' or ''disposal - scrap''

8. In the Account field, specify the desired values.

9. In the Credit field, enter a number.

10. Click Save.

11. Click Post.

12. Close the page.