To access the Preparations for Fixed Asset Sales document list, go to Accounting > Fixed Assets Asset Management > Fixed Asset Documents > Preparations for Fixed Asset Sales. Only fixed assets with the Accepted to Accounting Active status can be listed in such documents.
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After some period of fixed asset usage, the organization may decide to sell the asset; however, the sale may require certain time - one or more periods. The fixed asset becomes gets the asset held for sale Held for Sale status and its net book value will be recorded to the GL account named as Assets Classified as Held for Sale and removed from the Fixed Asset GL account. Also, depreciation calculation for the listed assets can be stopped.
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