Dispose of a fixed asset as scrap

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Posted on by Eva

Hi!

I have a question, how can I scrap a fixed asset (dispose of a fixed asset as scrap) in NAV? Just for fixed assets that are no longer in use due to the fact that it is no longer in use or destroyed). I would really appriciate a step-by-step description if possible.

Thanks in advance!

Best regards,
Eva

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Teddy Herryanto (Th... 14,284 Super User 2025 Season 2 on at

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Check this one. Look at Disposing a Fixed Asset by Posting a Fixed Asset G/L Journal.

wiki.chasesoftware.co.za/.../How to: Dispose a Fixed Asset

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YUN ZHU 95,381 Super User 2025 Season 2 on at

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Hi, select Disposal in FA Posting Type field on the FA G/L Journals page.

More details:

https://docs.microsoft.com/en-us/dynamics-nav-app/fa-how-dispose-retire

Hope this will help.

Thanks.

ZHU

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Eva 6 on at

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Hi TeddyH,

Thank you very much!

Best regards,

Eva

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Eva 6 on at

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Hi yzhums,

Thanks a lot, really appriciate it!

Best regards,

Eva

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Community Member on at

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Eva,

Since you are most likely integrated to the General Ledger and you are disposing of the Fixed Asset with no monetary gain, open the Fixed Asset G/L Journal.

You will enter the Posting Date and FA Posting Date, the Fixed Asset to dispose, FA Posting Type = Disposal. I am guessing your Asset has 0.00 Net Book Value so the disposal will close out the Asset on the Balance Sheet with no Gain/(Loss) on Disposal. If their is residual value this will book the G/L Account on Disposal (Loss).

Hope this helps.

Thanks,

Steve

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