Disposal is performed after you have calculated depreciation and established the
current value that was written-off and the carrying value of the fixed asset.
In case upward or rather downward revaluation has been posted for the fixed
asset it is necessary to post also the
reversal of upward revaluation or
reversal of downward revaluation of the fixed
asset.
To this end you can select from the right mouse click menu
of the fixed asset register the
Disposal of fixed assets function.
Procedure:
- you calculate depreciation to the day you are entitled to perdorm
calculation
- from the right mouse click menu you select the Disposal of fixed assets
option
- you select (mark) those fixed assets thtat you want to dispose of, and
then you enter the deactivation date (this is ususally the same day as the
last date of disposal) and click the Dispose
button.
With it you create the necessary status items as well as the journal entry
for posting.
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Validation of the possible missing account settings returns
a message in the error panel.
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1. Fixed assets panel
The program offers you a list of active, nondisposed fixed assets that do not
have the entered date of disposal and/or deactivation.
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|
If the record that you want to dispose of is NOT on the list
that means that deactivation date or date of disposal has already been
entered, and that the fixed asset has the
Nonactive status or that it has the status item
with the entry type
6-Disposal.
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|
Dispose |
by clicking this button you may do the following to
the selected fixed assets:
- create a new record in the status item of type 6 - Disposal (for
additional information see 6-Disposal of fixed
assets)
- create the corresponding number of items in a journal entry for
disposal of the fixed asset (for additional information see
6-Disposal of fixed assets)
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| Deactivation date |
You can enter deactivation date. Only that it is
entered in:
- the field Deactivation date
of the fixed asset
register, if the date has not been entered yet (date from which on
you do not calculate depreciaiton)
- the field Disposal date
of the fixed asset
register, if the date has not been entered yet (
 it
has been in use prior to the SRS 2002, and is entered for consistency
sake of database)
- as date in the status item where the
disposal of the fixed asset is posted
|
Status
|
Status that you want to
assign to the disposed fixed asset. Status ON
that is the appropriate status used with disposed of, deactivated fixed
assets, is offered by default.
You can change it if necessary. |
Inventory number
|
Inventory number of the fixed asset.
A list of active, nondisposed fixed assets that do not have
deactivation date and/or disposal date entered with them are offered by
the program. |
Name
|
The name of fixed asset from the previous field. |
Date
|
Date of the last status item as well as other information from the last
status item. |
Value
|
Value of the fixed asset (acquisition value -
value adjustment) |
| S(elected) |
You can select (mark) the field, if you want to dispose of the fixed
asset.
You can select or mark it by using the spacebar or by simply double-clicking
the field. |
2. Posting panel
In the Posting panel you shall find
typical data used in creation of the journal entry or rather in appending the
post to the existing journal entry (as in the
right mouse click menu win posting of status item).
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Validation of the possible missing account settings will
return a message in the error panel. Yet prior to the disposal you can check
by displaying the journal entry whether all the settings are entered and
whether they are correct. The information can be displayed by clicking the
Report button.
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Account s for posting are equivalent to those that you set up in the
right mouse click menu when posting status items.
Only the following may be considered for disposal:
- account for posting of the possible incurred difference by disposal that
is carrying value of the fixed asset (as in the right mouse clikc menu when
posting status items)
3. Error panel
There are special program messages in the rror panel. By clicking any sucj
message the program offers you a solution to the problem and returns you to the
panel for posting of fixed assets so that you can enter the missing accounts
from the chart of accounts register.
After you have removed all of the errors you once again click the
Dispose
button in the fixed assets panel.