Dispose of a Fixed Asset

How to Access

• From the main menu, click General Accounting.
• Click Assets.
• Open the asset you want to view.
• From the asset view screen, click Dispose.

Steps to Dispose of an Asset

• From the asset view screen, click Dispose.
• Select the account where the disposal value will be recorded.
• The system displays a read-only table of asset units, including the following columns:
  • Serial Number
  • Barcode
  • Description
  • Custody Type
  • Assigned To
  • Status
• If any unit is in Assigned or Under Maintenance status, a warning will appear:
  Assigned or under-maintenance units will be automatically unassigned before disposal.
• Click Save to complete the disposal process.

Disposal Rules

• All units must be disposed of together — partial disposal is not allowed.
• Units can be disposed of regardless of their status, except units marked as Sold — these remain unchanged.
• Upon confirmation:
  • All eligible units are marked as Written-off in the accounting asset.
  • Any assignments to employees or storage locations are automatically removed.

Notes

• The disposal transaction is recorded in both the Asset Movement Log and the Activity Log in:
  • The Accounting Assets module
  • The Employee Assets module