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In the Fixed Asset / ID column, select the fixed asset to be written off; its unique identifier appears automatically.

The Initial Cost (Acct. Cur.) column is populated with the initial cost of the fixed asset in the accounting currency which cost was specified on accepting the asset to accounting.

The Cost for Depreciation Calculation (Acct. Cur.) subcolumn is populated with the initial cost defined for depreciation calculation in the accounting currency.

The Accumulated Depreciation Calculation (Acct. Cur.) subcolumn is populated with the depreciation amount (in the accounting currency) accumulated on behalf of the fixed asset up to the current period.

The Current Depreciation Amount (Acct. Cur.) column shows the depreciation amount calculated for the current month in the accounting currency. Click the Calculate button to calculate the current-month depreciation expense and deduct it from the net book value.

The Net Book Value (Acct. Cur.) column shows the difference between the initial cost and accumulated depreciation for the asset.

In the Transaction Content column, provide  provide a brief comment for the fixed asset being written off.description for the journal entries to be generated for the writeoff transaction. 

The Fixed Assets tab toolbar buttons

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