Asset Disposal

the ability to dispose of an asset, including identifying the reasons and methods of disposal, and calculating the depreciation, book value and profit or loss on sale as a result of the disposal to accounting standards.


The text above is a suggested clause for inclusion within a functional specification for an asset management system.
If you believe that the functionality discussed is important in an asset management system, vote for it via the grey "Rate" button at the bottom of the page.

Unless otherwise stated, the content of this page is licensed under Creative Commons Attribution-ShareAlike 3.0 License