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.


Standard procedure

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.

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