Use this screen to enter disposal information for both active depreciable and non-depreciable Asset Master records, including the disposal date, price, description, document number, and selection status.

If the asset is depreciable or if the asset is non-depreciable but you have selected the Post Disposal to G/L check box on the Manage Asset Master Information screen, the system also requires you to enter a General Ledger account to which any gain or loss will be posted for the G/L Book. (In the case of non-depreciable assets for which you have indicated that posting is desired (for example, land), the G/L entry on disposal can only consist of debits and credits to the Cost and Gain/Loss on Disposal of Fixed Assets accounts, because there is no accumulated depreciation associated with a non-depreciable asset.) Creation of disposal transaction for Capitalize lease is not allowed on this screen.