Fixed Asset Disposal Selection (FADS)

The Fixed Asset Disposal Selection (FADS) is a view of the Fixed Asset Betterment Table (FBT1) which displays assets that are not disposed. Fixed Asset Disposal Selection (FADS) allows users to flag assets for disposal or unflag ones previously flagged for disposal and specify a date for disposal. Once the Fixed Asset Disposal Selection (FADS) table is updated, the Fixed Asset Disposal Generation (FDGN) table is automatically populated with data from the Fixed Asset Disposal Selection (FADS) table. For each asset marked for disposal, Fixed Asset Disposition Text (FDTX) must be completed in order for a Fixed Asset Disposition (FD) document to be generated.

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FA Type

Key field. Enter the type of asset, this field is inferred from the FBT1 table.

FA Number

Key field. Enter the tag number assigned to the assets, this field is inferred from the FBT1 table.

Betterment Number

Key field. Enter the unique betterment to the fixed assets, this field is inferred from the FBT1 table.

Resp Agency

Key field. Enter the agency number that is responsible for fixed asset betterment.

Disposal Indicator

Select the check box of the assets that are intended to be disposed. Also, deselect the check box of assets to avoid disposition.

Disposal Date

Required. Enter the date on which assets are to be disposed. The Disposition Date may be greater or less than current date.

Disposal Method

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

Disposal Units

Optional. Enter the number of units disposed.

Disposal Authority

Required. Enter the disposition authorization, this can be the name of the person authorizing the disposal.

Disposal Selling Price

Required. Enter the price at which the assets are sold.

Description

Key field. Enter the description of the fixed asset, this field is inferred from the Fixed Asset Betterment Inquiry (FBT1) table.