Creating an FD for
Disposition - Trade-ins

Process: 

This job aid describes the process for disposition through trade-in.

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.