| # Disposing Mass Assets You record the mass disposal of assets when you want to remove a large number of depreciating assets from service in all of their related books. You can mass dispose of assets at any point after they have been capitalized. You can dispose of part or all of the selected assets, or you can dispose of the assets in one or all of their books. For more information about mass disposal of assets in their books, see the Disposing Asset Books topic. Regardless, LN records journal entries for the mass disposal using the values in the assets' default books. Note Mass disposal has the same available disposal types as asset disposal. For more information, see the Disposing Assets topic. A mass disposal changes the status of all disposed books from Depreciating to Disposed. If all of the assets' books have been disposed, the status of the assets becomes Disposed. You can purge disposed assets from LN by running the Archive/Delete Disposed Assets (tffam8208m000) session. Note You can process a mass disposal by percentage only, not quantity. When LN processes the mass disposal, it ensures that depreciation has been calculated up to the date on which the disposal takes effect. For example, if you record a mass disposal in March 2002, but depreciation was last calculated in December 2001, LN generates depreciation for January and February before it disposes of the assets. If you record a mass disposal in June 2002 but make the disposal effective for a previous month, LN must reverse out any depreciation that occurred in the months following the effective date. Related topics Disposing Asset Books |