Asset disposal date

The date a fixed asset was sold, retired, lost or otherwise stopped being used by the business.

In Solo Superstars

Where it is used: Fixed assets uses it to stop depreciation and calculate the remaining book value and any gain or loss.

Example

A vehicle sold October 10 stops accruing depreciation under the applicable schedule at disposal.

Codes shown are the defaults a new workspace starts with. Yours may be renamed or renumbered — check Accounting › Chart of accounts. See the full default chart.

Also called

  • disposal date
  • retirement date

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