Disposing Mass Asset Books

You record a mass disposal by book when you want to remove a large number of depreciating assets from service in one or more of their related books.

After you enter the disposal information, you select the books in which LN must dispose of the assets. When you dispose of assets by book, LN verifies that depreciation has been calculated up to the period in which the disposal takes effect.

Example

If you mass dispose of a set of assets and their related books in March 2002, but depreciation was last calculated in December 2001, LN must generate depreciation for January and February before it disposes of the assets.

Note

You can process a mass book disposal by percentage only, not quantity.