Transaction Date

Conditional. Enter the effective date ( mm dd ccyy ) of the document. If blank, the default is the current date.

Accounting Period

Conditional. Enter the accounting period to which the document is posted. If blank, the default is the accounting period in which the transaction date falls.

Fixed Asset Number

Required. Enter the fixed asset number of the fixed asset that is disposed.

Resp Agency

Required. Enter the agency number that is responsible for the disposition.

Type

Required. Enter the fixed asset type of the fixed asset that is disposed.

Betterment Number

Conditional. Enter a number between 01 and 99 to dispose of an individual betterment. This field must be blank to dispose of the asset. This number, along with the Fixed Asset Acquisition (FA) type and number, uniquely identify each betterment.

• Always enter a two-digit number; for example, 05, 08, 12.

Acquisition Date

Display only. This field shows the date when the acquisition was acquired.

Asset Value

Display only. This field displays the value of the fixed asset that is disposed.

Disposition Date

Required. Enter the date ( mm dd ccyy ) that the fixed asset is disposed.

Disposition Method

Required. Enter the method of disposition. See Acquisition/Disposition (FADM) for valid values.

Disposed Units

Optional. Enter the number of units disposed.

Disposition Authority

Required. Enter the disposition authorization.

Selling Price

Required. Enter the selling price of the fixed asset. This number is used to calculate a gain or loss.

Asset Description

Display only. Text describing the asset is displayed.

Disposal Reasons/Comments

Required. Enter comments regarding the disposition of the fixed assets.