FA - Retirements debit and credit same account
We entered a number of retirements this month and ran create accounting in draft mode and noticed that these are all going in and out of the same account to have an zero net affect.
There are some assets that have a zero value and there are others that do have a net book value that should be written off to the gain/loss account. I'm not seeing this account show up on the journal entry at all.
This is the first time I retired any assets that had a net book value.
Any help would be appreciated.
Thanks!