Fixed Assets - EBS (MOSC)

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What happens to cost and accumulated depreciation when you delete an asset?

edited Feb 14, 2017 5:31PM in Fixed Assets - EBS (MOSC) 6 commentsAnswered ✓

Hi All-

Our business partners are planning on deleting a number of assets (I know, I know... I've already counseled against it ), and they'd like to know what happens to those assets' cost and accumulated depreciation when the original asset is deleted? Do those amounts get backed out of the cost/AD accounts and if so, what's the offset?

Thanks in advance!

Joe

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