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Fixed Assets Disposals/Write Offs

edited May 27, 2015 4:46PM in Accounting / ERP 1 comment

Hi,

When you have retired/written off an asset, how does this reflect in a saved search report.  From what I can see the Asset Original Cost and Asset Current Cost still show reflect the Asset Acquisition cost.

Yet, how does this report reconcile to the general ledger, ie if an asset original cost is 5000,  and is subsequently retired/written off, the asset cost is credited -5000K, and the GL is 5K less, yet the asset cost does not change in the fixed asset register.

Regards

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