Fixed Asset: Disposal

[Zibfo]

Hi all,

In accounting application, how does one dispose (sell, dumpsterize) a
fixed asset? I have not found a way to remove an item from fixed assets.

Thanks

[Bagas Sanjaya]

Hi Max,

Currently OFBiz doesn't have fixed asset removal feature.

On 21/12/19 00.56, Max Peak wrote:
> Hi all,
>
> In accounting application, how does one dispose (sell, dumpsterize) a
> fixed asset? I have not found a way to remove an item from fixed assets.
>
> Thanks
>

--
An old man doll... just what I always wanted! - Clara

[Pierre Smits-3]

Hi Max,

Per [1] you can set the end of life date of an asset. However, the does not
automatically lead to an accounting transaction. You'll have to add the
associated accounting transaction via [2] by creating a new one.

[1]
https://demo-trunk.ofbiz.apache.org/assetmaint/control/EditFixedAsset?fixedAssetId=DEMO_PROJECTOR
[2]
https://demo-trunk.ofbiz.apache.org/accounting/control/FindAcctgTrans?organizationPartyId=Company

I trust the above gives you an indication how to do this. Should you,
however, have any other questions and/or remarks, please let us know.
Best regards,

Pierre Smits

*Apache Trafodion <https://trafodion.apache.org>, Vice President*
*Apache Directory <https://directory.apache.org>, PMC Member*
Apache Incubator <https://incubator.apache.org>, committer
*Apache OFBiz <https://ofbiz.apache.org>, contributor (without privileges)
since 2008*
Apache Steve <https://steve.apache.org>, committer


On Fri, Dec 20, 2019 at 6:56 PM Max Peak <[hidden email]> wrote:

> Hi all,
>
> In accounting application, how does one dispose (sell, dumpsterize) a
> fixed asset? I have not found a way to remove an item from fixed assets.
>
> Thanks
>
>

[Bagas Sanjaya]

So how can I create corresponding accounting transaction for EOL'ed asset?

On 23/12/19 17.51, Pierre Smits wrote:

> Hi Max,
>
> Per [1] you can set the end of life date of an asset. However, the does not
> automatically lead to an accounting transaction. You'll have to add the
> associated accounting transaction via [2] by creating a new one.
>
> [1]
> https://demo-trunk.ofbiz.apache.org/assetmaint/control/EditFixedAsset?fixedAssetId=DEMO_PROJECTOR
> [2]
> https://demo-trunk.ofbiz.apache.org/accounting/control/FindAcctgTrans?organizationPartyId=Company
>
> I trust the above gives you an indication how to do this. Should you,
> however, have any other questions and/or remarks, please let us know.
> Best regards,
>
> Pierre Smits
>
> *Apache Trafodion <https://trafodion.apache.org>, Vice President*
> *Apache Directory <https://directory.apache.org>, PMC Member*
> Apache Incubator <https://incubator.apache.org>, committer
> *Apache OFBiz <https://ofbiz.apache.org>, contributor (without privileges)
> since 2008*
> Apache Steve <https://steve.apache.org>, committer
>
>
> On Fri, Dec 20, 2019 at 6:56 PM Max Peak <[hidden email]> wrote:
>
>> Hi all,
>>
>> In accounting application, how does one dispose (sell, dumpsterize) a
>> fixed asset? I have not found a way to remove an item from fixed assets.
>>
>> Thanks
>>
>>
>

--
An old man doll... just what I always wanted! - Clara

[Pierre Smits-3]

Hi Bagas,

The short answer is: use the form as shown in [1], and fill the appropriate
fields as per your accounting rules and guidelines and add the appropriate
line items.

[1]
https://demo-trunk.ofbiz.apache.org/accounting/control/FindAcctgTrans?organizationPartyId=Company

Best regards,

Pierre Smits

*Apache Trafodion <https://trafodion.apache.org>, Vice President*
*Apache Directory <https://directory.apache.org>, PMC Member*
Apache Incubator <https://incubator.apache.org>, committer
*Apache OFBiz <https://ofbiz.apache.org>, contributor (without privileges)
since 2008*
Apache Steve <https://steve.apache.org>, committer


On Tue, Dec 24, 2019 at 4:47 AM Bagas Sanjaya <[hidden email]> wrote:

> So how can I create corresponding accounting transaction for EOL'ed asset?
>
> On 23/12/19 17.51, Pierre Smits wrote:
> > Hi Max,
> >
> > Per [1] you can set the end of life date of an asset. However, the does
> not
> > automatically lead to an accounting transaction. You'll have to add the
> > associated accounting transaction via [2] by creating a new one.
> >
> > [1]
> >
> https://demo-trunk.ofbiz.apache.org/assetmaint/control/EditFixedAsset?fixedAssetId=DEMO_PROJECTOR
> > [2]
> >
> https://demo-trunk.ofbiz.apache.org/accounting/control/FindAcctgTrans?organizationPartyId=Company
> >
> > I trust the above gives you an indication how to do this. Should you,
> > however, have any other questions and/or remarks, please let us know.
> > Best regards,
> >
> > Pierre Smits
> >
> > *Apache Trafodion <https://trafodion.apache.org>, Vice President*
> > *Apache Directory <https://directory.apache.org>, PMC Member*
> > Apache Incubator <https://incubator.apache.org>, committer
> > *Apache OFBiz <https://ofbiz.apache.org>, contributor (without
> privileges)
> > since 2008*
> > Apache Steve <https://steve.apache.org>, committer
> >
> >
> > On Fri, Dec 20, 2019 at 6:56 PM Max Peak <[hidden email]> wrote:
> >
> >> Hi all,
> >>
> >> In accounting application, how does one dispose (sell, dumpsterize) a
> >> fixed asset? I have not found a way to remove an item from fixed assets.
> >>
> >> Thanks
> >>
> >>
> >
>
> --
> An old man doll... just what I always wanted! - Clara
>