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Finance | Project Operations, Human Resources, ...
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Fixed Assets: Partial disposal of a fixed asset

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Posted on by 344

Hi,

I want to know if its possible to dispose fixed assets partially. They have on the FA master a quantity of 5 and the unit cost is 4000. The FA was acquired at a cost of 20000 and now they want to dispose 1 unit of the asset (cost 4000). I saw in the fixed asset journals i can add the quantity field on the journal lines, i selected quantity of 1 and it disporsed the whole Fixed asset( 4 UNITS).

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Please advise

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  • Verified answer
    saurabh bharti Profile Picture
    15,039 Moderator on at
    RE: Fixed Assets: Partial disposal of a fixed asset

    Split asset using Fixed asset split functionality by 20% and then dispose 20% asset

  • Verified answer
    BillurSamdancioglu Profile Picture
    19,036 Most Valuable Professional on at
    RE: Fixed Assets: Partial disposal of a fixed asset

    Split the asset due to quantity or percentage. Please find the link below.

    docs.microsoft.com/.../split-fixed-asset

  • Verified answer
    Prem Kumar Bachu Profile Picture
    3,418 on at
    RE: Fixed Assets: Partial disposal of a fixed asset

    Hi Alexio,

    You can use FA split functionality by this you can separate the portion of FA from existing Asset for disposal. You may go through below link for split FA

    docs.microsoft.com/.../split-fixed-asset

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