42001
Charge generated by the Banner Fixed Assets system when a fixed asset is sold or disposed of and the proceeds are less than the net book value of the asset (adjusted cost less accumulated depreciation). The Banner Fixed Assets system only calculates gains/losses for assets capitalized to proprietary funds.
Code - Name:
42001-Loss on Disposal of Fixed Asset
Data Entry Status:
Y (Yes)
Level:
Level 2
Last Imported Date:
Thursday, December 14, 2017
Account Type Code:
73
Label:
Loss on Disposal of Fixed Asset