Asset Disposal

Asset--> New Asset Disposal

Disposal Purpose for the asset can be easily maintained and processed out faster from the application.

Disposal can be done for two purpose. One is for the sale purpose disposal and other is for the wastage purpose.

Note that  the following requirements needs to be filled up

Entry Date: Date of Entry

Asset Category: Category of the asset which will be disposed

Item: Name of the Item which will be disposed

Product: Name of the product that will be disposed

Purpose: This is the section which is important for the purpose of disposal whether to Sale or for total disposal (wasted)

P/L Account: It refers to the account which will hit up. For example if the purpose of disposal is to completely disposal then P/L Account will be Asset Expense and if the Purpose is for sale then it will be Asset Income.