How to: Post Partial Disposals
If you sell or dispose of part of a fixed asset, you must split up the asset before you can record the disposal transaction.
The following procedure uses the numbers from the following example: A segment of a computer is sold for 500. This segment represents 1/4 of the market value.
You must reclassify the asset into two assets: one asset having an acquisition cost of 1/4 of the total acquisition cost and depreciation amount, and the other one having 3/4 of the total acquisition cost and depreciation amount.
To post partial disposals
Create a fixed asset card for a new fixed asset.
Set up an FA depreciation book in which you attach a depreciation book to this asset.
In the Search box, enter FA Reclass. Journals, and then choose the related link.
Fill in a journal line to move 25% of the old asset to the new asset.
On the Home tab, choose Reclassify.
Close the window.
Microsoft Dynamics NAV creates the necessary lines in the FA G/L journal using the template and batch that you specified in the FA Journal Setup window for the selected depreciation book.
In the Search box, enter FA G/L Journals, and then choose the related link to open the Fixed Asset G/L Journal window.
Post the journal.
Note
If you set up all the balancing accounts in the FA Posting Group Card window, you can set up Microsoft Dynamics NAV to insert the balancing lines automatically in the FA G/L journal. To do this, on the Actions tab, in the Functions group, choose Insert FA Bal. Account.
See Also
Tasks
How to: Create Fixed Assets
How to: Post Disposal Transactions from Fixed Asset General Ledger Journals
How to: Post Disposal Transactions from Fixed Asset Journals
How to: View Disposal Ledger Entries