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Dispose of an asset in Fixed Asset Manager (FAM)

When disposing of a Fixed Asset when using Fixed Asset manager, there are 2 parts to the process:

  1. Dispose of the Asset in Fixed Asset Manager (FAM).
  2. Enter a journal entry in QuickBooks to record any gain or loss on the sale/disposal of the asset and zero out the fixed asset.
Detailed Instructions

Note: It’s important to post depreciation for the fixed asset up to the day on which you which to disposed of it. Be aware that when using some conventions such as Half-Year you may have to be careful with the way you post your depreciation so that Fixed Asset Manager doesn’t continue to try to post depreciation after the asset has been disposed of.

KB ID# HOW13553
6/26/2016 3:45:10 PM
QYPPRDQBKSWS08 9132 Pro 2016 d0af84