<?xml version="1.0" encoding="utf-8"?>
<ManualTopic ID="/baanerp/tf/onlinemanual/000151" xml:lang="en">
   <Header>
      <Title>Disposal Journals</Title>
      <Keyword type="header" order="d1e1668354">
         <Level1>Journals</Level1>
         <Level2>Disposal</Level2>
      </Keyword>
      <Keyword type="header" order="d1e1668359">
         <Level1>Disposal</Level1>
         <Level2>Journals</Level2>
      </Keyword>
   </Header>
   <GeneralSection>
      <List>
         <ListIntro>LN identifies data for journal creation each time you dispose of an asset in its
		  default posting book. LN creates multiple journals, depending on the type of disposal:</ListIntro>
         <ListItem>For all types of
		  disposals, LN credits the
		  asset account and debits the accumulated depreciation account.</ListItem>
         <ListItem>In sale, trade-in,
		  casualty loss, or theft, LN records the difference between the net book
		  value and the proceeds as gain or loss to the appropriate account.</ListItem>
         <ListItem>In a charitable
		  contribution, LN records
		  the difference between the net book value and the proceeds recorded by debiting
		  the charitable contribution account with the amount of the proceeds and
		  crediting the gain or debiting the loss to the appropriate account.</ListItem>
         <ListItem>In an abandonment, LN debits the scrap
		  account for the net book value.</ListItem>
         <ListItem>In a sale, LN credits the asset
		  account, debits accumulated depreciation, debits the proceeds account for the
		  amount of sale, and either debits the loss account or credits the gain account.</ListItem>
      </List>
      <Paragraph>The accounts used to
		create the disposal journal are stored in the integration scheme. When journals
		are created, LN performs
		validation on the accounts and periods affected to ensure the entry is correct.
		A journal is not created if the <GUIRef href="/baanerp/tf/fam/tffam1213m000#form.suppress" role="field">Suppress Journal Entries</GUIRef> check box is selected.</Paragraph>
   </GeneralSection>
</ManualTopic>