Create a depreciation schedule with partial disposal term

Review a Fixed Asset schedule after a partial disposal term has been added, resulting in visibility into the updated depreciation schedule and disposal journal entry state.

Workflow

Step 1

On register page, click on asset row

Use the highlighted control to continue through the workflow.

Step 2

Detailed asset page shows all partial disposal dates

Confirm the page shows the expected result before continuing to the next step.

Step 3

Depreciation Schedule

Use the highlighted control to continue through the workflow.

Step 4

Partial Disposals are added into depreciation schedule

Use the highlighted control to continue through the workflow.

Step 5

Select -$78.79

Use the highlighted control to continue through the workflow.

Step 6

Review the journal entry

Confirm the page shows the expected result before continuing to the next step.

Step 7

Open the accumulated depreciation account

Use the highlighted control to continue through the workflow.

Step 8

If you want to edit the disposal information, click on pencil icon

Use the highlighted control to continue through the workflow.

Step 9

Select Disposal Method

Use the highlighted control to continue through the workflow.

Step 10

Edit any values and JE will be updated below

Review the posting details and continue only when the journal-entry information is correct.

Step 11

Review the journal entry

Confirm the page shows the expected result before continuing to the next step.

Important behavior

Editing a posted partial-disposal term updates the Truewind view, but the already-posted journal entry must be changed in the accounting platform if it needs correction.

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