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disposal of group assets

May 26, 2017 at 04:46 PM


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Former Member

Our company has used group assets for recording furniture which appears to have left value after all the child elements have been disposed. We would like to clear these down.

I have tried to retire the group asset (ABAVN) or transfer the residue (ABUMN) but the transactions are not allowed as it is a group asset.

1. Is it possible to turn off the group asset function for the asset class?

2. Is there a standard way to dispose of group assets?

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