I cannot find any relevant/specific option in Asset management for Fixed Asset disposal (sale or write_off). I can stop depn computation only. Although, once depn stopped I expected system to generate Journal Entry to deal with residual value (one entry for Dr P&L Cr Historic_Cost and the second entry for Dr Accumulated_Depn Cr P&L, so P&L aggregates net effect from Fixed Asset disposal). Any advice/guidance will be appreciated.
Please try to give a substantial answer. If you wanted to comment on the question or answer, just use the commenting tool. Please remember that you can always revise your answers - no need to answer the same question twice. Also, please don't forget to vote - it really helps to select the best questions and answers!
About This Community
|Asked: 4/11/15, 4:12 AM|
|Seen: 499 times|
|Last updated: 2/4/16, 8:43 AM|