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Answered

Account for transaction type Disposal - sale, book BOOK, does not exist for fixed asset XXXXX

Posted on by 272

Hello

When trying to sell an already created asset I get the error above.
I have the Swedish chart of accounts and I am testing to understad the sales part of fixed assets. 

I attach the posting profile here. I have checked that accounts are available in the structure and that the structure is activated.

pastedimage1675180231661v1.png

pastedimage1675180323823v2.png

pastedimage1675180384303v3.png

  • Kristina K Profile Picture
    Kristina K 272 on at
    RE: Account for transaction type Disposal - sale, book BOOK, does not exist for fixed asset XXXXX

    It did not work to use the journal. Had to be the free text invoice :-)

  • Verified answer
    BillurSamdancioglu Profile Picture
    BillurSamdancioglu 15,786 Most Valuable Professional on at
    RE: Account for transaction type Disposal - sale, book BOOK, does not exist for fixed asset XXXXX

    Never tried but with to select the type as sale you may.

    But you can not print an invoice.

  • Kristina K Profile Picture
    Kristina K 272 on at
    RE: Account for transaction type Disposal - sale, book BOOK, does not exist for fixed asset XXXXX

    Can I not use a normal asset journal and choose the asset sale in the journal?

  • Suggested answer
    BillurSamdancioglu Profile Picture
    BillurSamdancioglu 15,786 Most Valuable Professional on at
    RE: Account for transaction type Disposal - sale, book BOOK, does not exist for fixed asset XXXXX

    You do not need to.

    If it is sales from free text invoice, sales is enough.

  • Kristina K Profile Picture
    Kristina K 272 on at
    RE: Account for transaction type Disposal - sale, book BOOK, does not exist for fixed asset XXXXX

    Do I have to use both sale and scrap?

    pastedimage1675182012203v1.png

  • Suggested answer
    BillurSamdancioglu Profile Picture
    BillurSamdancioglu 15,786 Most Valuable Professional on at
    RE: Account for transaction type Disposal - sale, book BOOK, does not exist for fixed asset XXXXX

    To set up General ledger posting accounts to use when you're disposing of an asset, select Disposal - sale and Disposal - scrap in the Ledger accounts FastTab on the Fixed assets posting profiles page.

    learn.microsoft.com/.../fixed-asset-disposal-posting-accounts

  • Suggested answer
    BillurSamdancioglu Profile Picture
    BillurSamdancioglu 15,786 Most Valuable Professional on at
    RE: Account for transaction type Disposal - sale, book BOOK, does not exist for fixed asset XXXXX

    Screenshot-2023_2D00_01_2D00_31-at-19.10.46.png

    You need to check the setup highlighted in red for sales.

  • Kristina K Profile Picture
    Kristina K 272 on at
    RE: Account for transaction type Disposal - sale, book BOOK, does not exist for fixed asset XXXXX

    Can you please provide some more detail what to have a look at and what account from the accounts in my picture

  • Kristina K Profile Picture
    Kristina K 272 on at
    RE: Account for transaction type Disposal - sale, book BOOK, does not exist for fixed asset XXXXX

    Yes I have setup the posting profile. The pictures are from the posting profile

  • Suggested answer
    BillurSamdancioglu Profile Picture
    BillurSamdancioglu 15,786 Most Valuable Professional on at
    RE: Account for transaction type Disposal - sale, book BOOK, does not exist for fixed asset XXXXX

    Hi,

    Can you please check the ledger account tab for sales.

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