Split or dispose of a fixed asset

Splitting

Access: Accounting → Fixed assets → Fixed assets

1. Split: on the fixed asset record, you will find the ‘Split’ button. Clicking on this button will bring up a pop-up window.

2. Amount: enter the amount of the split. A new fixed asset will then be created. The status of this fixed asset will automatically be set to ‘Validated’.

3. Gross value: on the first fixed asset card on which you performed the split, you will notice that the book value has decreased (because the amount entered in the split window has been taken into account).

Disposal of a fixed asset

Transfer

Access: Accounting → Fixed assets → Fixed asset

1. Disposal: clicking on the ‘Disposal’ button (once the record has been validated) brings up the ‘Disposal’ pop-up window, where you can specify the disposal date and type, as well as the reason for disposal (free list).

2. Type of disposal: select between disposal cession, scrapping and ongoing cession. In the example, the disposal type ‘Disposal Cession’ has been selected.

3. Reason for disposal of assets: external/internal. For example, External.

4. Type of quantity to be disposed of: select a quantity to be disposed of (partial or total). For example, Total.

5. Sale price: enter the sale price associated with this disposal.

6. Tax line: enter a tax.

7. Generate sales move: the ‘Generate sales move’ box will allow you to feed the account 775000 “Proceeds from disposal of fixed assets” in accounting and the corresponding added taxes.

8. Confirm the disposal: confirm the disposal by clicking on the button ‘Disposal’. An entry is then automatically generated to record the disposal of the fixed asset.

note

Following this action, the status will be changed to ‘Transferred’.

9. Fixed asset disposal move: on the right-hand panel, you will find the disposal entry number. You can click on the number to view the details.

10. Sale entry: in this case (external disposal), you will also find a sale entry, as you have sold the IT equipment to a third party.

11. Depreciation board: the information in the depreciation board has also been modified (Depreciation information tab). Here you will find the depreciation carried out for the year 2024, and in addition, you will find a depreciation line associated with the pro rata sale of your disposal of the fixed asset.