To dispose a fixed asset

A fixed asset can be discarded or disposed using three different modules:

• Accounts Receivable
• Fixed Assets
• Invoicing

To dispose a fixed asset in the Accounts Receivable module, use the following sessions:

• Sales Invoices (tfacr1110s000)
  Specify the quantity and asset number on the Miscellaneous tab. Select the credit ledger account which has fixed-asset disposal integration.
• Finalization Run Numbers (tfgld1519m000)
  Finalize the batch with sales invoice transaction, the status of the asset is set to Disposed in the Fixed Assets module.

To dispose a fixed asset in Invoicing, use the following sessions:

• Manual Sales Invoices (cisli2520m000)
  Specify the header details and, from the appropriate menu, select Lines. The Manual Sales Invoice Lines (cisli2125m000) opens.
• Manual Sales Invoice Lines (cisli2125m000)
  Select the Asset Disposal check box and specify the values of Ledger Account, Asset Number and Asset Extension fields. Save the details and, from the appropriate menu, select Confirm.
• Manual Sales Invoices (cisli2520m000)
  To finalize the batch and post the disposal transactions, from the appropriate menu, select Direct Processing. Review the reports generated.