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Write offs of fixed assets are registered by creating the following documents: Asset Management > Fixed Asset Documents > Fixed Asset Write Offs.

The Fixed Asset Write Off document assigns the Disposed status to the listed fixed assets.

If the asset is written off before it is fully depreciated, the last month depreciation expense is recorded as a standard month depreciation amount. If in the month of write off the Accumulated Depreciation is greater than the Depreciable Cost, the current depreciation is recorded as zero. For more information, refer to Fixed Asset Write Offs.

Once posted, the Fixed Asset Write Off document assigns the Disposed status to the listed fixed assets.

Viewing the documents related to a fixed asset

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