fa-on disposal of fixed assets

The disposal of EBS system is divided into two main steps

(1) Do scrap operation, fill in the reporting cost:

If the scrap cost is relative to the current cost, if the scrap cost equals the current cost, then it is all scrapped;

If the scrap cost is less than the current cost, it is partially scrapped, and the accumulated depreciation amount is calculated as follows: Accumulated Depreciation amount * (Scrap cost/current cost);

For example: Current cost 5000, accumulated depreciation amount is 4000, scrap cost is 1000, the following accounts and amounts are generated

DR: Accumulated Depreciation 800

Fixed asset Cleanup 200

CR: Fixed Assets 1000

(2) Run ' Calculate profit and loss '

After the scrap, can still be rebuilt, after the reconstruction still need to run ' calculate profit and loss '. The cross-period can also be reconstructed;

fa-on disposal of fixed assets