Creating an FD for
Disposition - Trade-ins
Process:
This job aid describes the process for disposition through trade-in.
Navigate to Global Search Bar and enter FD.
Select Fixed Asset Disposition.
2. On the Financial Transaction page enter Transaction Code.
Enter Transaction Dept.
Click Create.
3. On the Create Transaction page check Auto Numbering and click the Continue button.
4. On the Fixed Asset Disposition page select the Header tab.
Expand the General Information section.
Enter Transaction Name.
Enter Transaction Description. ( Trading in for **insert Fixed Asset Number**of new asset being acquired)
Enter Fixed Asset Number.
Scroll down to Show More and click the Caret to expand options.
Confirm Event Type is set to XF04
Expand 3 dot menu to the right of the Attachments button.
Select Auto Apply.
5. On the Fixed Asset Disposition page navigate to Component Tab.
Click the Caret to expand options.
Select Disposition sub section.
Enter Disposition Date.
Enter Disposition Method.
6. Click Validate and Submit.
7. Follow job aid Manually Create a Fixed Asset to create an FA Transaction.
In the transaction description field include asset purchased with trade in (insert fixed asset number from old asset).
On the Fixed Asset Transaction the dollar amount of the new transaction is the purchase price less the value of the traded in asset on the FD.
Click Validate and Submit.
Transaction will appear as Final in grid.