Dispose Assets (tffam8240m000)
Use this session to dispose of several depreciating assets in all of their related books from the Fixed Assets module. A mass disposal differs from asset disposal in that you can dispose of a larger number of assets and books at one time. You can mass dispose of assets at any point after asset capitalization. You can dispose of part or all of the selected assets, or you can dispose of the assets in one or all of their books. LN records journal entries for the mass disposal using the values in the assets' default books in the General Ledger module.
You enter values the criteria fields, or leave them blank to perform the transaction on all assets in LN. You can process disposals to only one company at a time. LN uses the amount you enter on the distribution lines as criteria for the indicated source distribution lines.
A mass disposal changes the status of all disposed books from Depreciating to Disposed. If all of the assets' books have been disposed, the status of the assets becomes Disposed. You can purge disposed assets from LN.