AccumulatedDepreciation | Accumulated Depreciation | Currency | | Depreciation charged on the asset up to the disposal date, typed here rather than read from the asset or its schedule. Posting debits it to the Accumulated Depreciation GL Account; when it is 0 that line is left out. |
AccumulatedDepreciationGLAccountId | Accumulated Depreciation GL Account | Lookup → GLAccount | | The accumulated depreciation account that is debited to reverse the depreciation. Required to post, even when Accumulated Depreciation is 0. |
AssetId | Asset | Lookup → Asset | | The asset being retired. Posting sets this asset's Status to Disposed, copies the disposal date and proceeds onto it and sets its Net Book Value to 0. The picker lists every asset, including ones already disposed, and nothing stops a second disposal of the same asset. |
BranchId | Branch | Lookup → Branch | | The location the disposal posts under. Required to post, and copied to the journal header and every line. If it is empty when the Fixed Asset GL Account is set, it is filled from that GL account's default branch. |
CreatedById | Created By | Lookup → UserAccount | Yes | |
CreatedDateTime | Created Date | DateAndTime | Yes | |
Currency | Currency | PickList | | Not on the standard forms and not used by posting; the journal is in the company's currency. |
DisposalDate | Disposal Date | Date | | The date of the disposal and of its journal. The journal must fall in an open fiscal period of the company. When empty, posting uses today's date. Copied to the asset's Disposal Date on posting. |
DisposalMethod | Disposal Method | PickList | | How the asset left the business: Sale, Scrap or Donation. Recorded for reporting only; posting does not read it. Values: Sale, Scrap, Donation. |
DisposalReason | Disposal Reason | PickList | | Why the asset was retired: Sold, Damaged or Obsolete. Recorded for reporting only; posting does not read it. Values: Damaged, Obsolete, Sold. |
DisposalValue | Disposal Value | Currency | | The proceeds received. Posting debits it to the Proceeds GL Account when it is above zero, and copies it to the asset's Disposal Value. Leave it empty or 0 for a scrap or donation with no proceeds. |
FixedAssetGLAccountId | Fixed Asset GL Account | Lookup → GLAccount | | The asset (gross block) account the cost is credited to. Required to post. |
GainLoss | Gain/Loss | Calculated (calculated) | | Disposal Value minus Net Book Value: positive is a gain, negative a loss. Shown as a calculated figure while you edit; posting recalculates it and stores the amount actually booked. |
GainLossGLAccountId | Gain/Loss GL Account | Lookup → GLAccount | | The account for the profit or loss on disposal: credited with a gain, debited with a loss. Required whenever the proceeds differ from net book value. |
GLId | GL Journal | Lookup → Journal | | The journal created by Post Disposal. Not on the standard forms; find the journal in the Journals list by Source Entity Name AssetDisposal. |
Id | Id | Guid | Yes | |
IsGLPosted | GL Posted | Boolean | | Set on by Post Disposal. A disposal with this flag on cannot be posted again. |
Label | Label | Text | | Optional description. Not on the standard forms. When filled, it is used instead of the number in the posted journal's label and narration. |
ModifiedById | Modified By | Lookup → UserAccount | Yes | |
Name | Name | Text | Yes | Disposal number, given automatically on save from the Asset Disposal document name setting (series AD). |
NetBookValue | Net Book Value | Currency | | Carrying value at disposal. Leave it empty and posting uses Purchase Cost minus Accumulated Depreciation. If you type a value, it must equal Purchase Cost minus Accumulated Depreciation, otherwise the journal does not balance and posting is refused. |
OwnerId | Owner | Lookup → UserAccount | Yes | |
PartnerAccountId | Company | Lookup → Account | | The company that owned the asset. Required to post: the journal is posted under this company and into its open fiscal period. When a new disposal names neither a company nor a branch, it is filled from the owner's default company access, if the owner has one. |
ProceedsGLAccountId | Proceeds GL Account | Lookup → GLAccount | | The bank, cash or receivable clearing account the proceeds are debited to. Needed whenever Disposal Value is above zero; without it the journal does not balance. Avoid a control account such as trade receivables, because disposal journal lines carry no party. |
PurchaseCost | Purchase Cost | Currency | | The asset's original cost, typed here rather than read from the asset. Must be above zero to post; posting credits it to the Fixed Asset GL Account to remove the asset from the books. |
RecordTypeId | Record Type | Guid, hidden | | |
Status | Status | PickList | | Empty on a new disposal; you can set it by hand on the record page. Post Disposal sets it to Posted, a value that is not one of the list values; the other list values are never set by the system and do not affect posting. A Posted disposal cannot be posted again. Values: Draft, Pending Approval, Disposed. |
SubscriptionKey | Subscription Key | Guid, hidden | Yes | |
UIProps | UI Props | Text | | |
UpdatedDateTime | Modified Date | DateAndTime | Yes | |
